YEARLY HIGH
11.5643 ISK
YEARLY LOW
8.5836 ISK
YEARLY AVERAGE
9.9932 ISK

2022 SCR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SCR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 11.5643. Conversely, the yearly low was recorded on February 17, dropping to 8.5836.

This high-to-low spread represents a total annual volatility of 2.9807 ISK. From a start-to-finish perspective, comparing the January average rate of 9.3800 to the December average rate of 10.6507, the exchange rate registered a net change of 13.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.5643 was up 13.21% compared to the 2021 peak of 10.2152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 57,822 ISK
2021 Average 40,765 ISK
Yearly Trough Low 42,918 ISK
Transaction Impact: A difference of 14,903.74 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.9557
8.8689
JanuMarcMayJulySeptNove

SCR to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 9.4011, compared to 10.5854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1844 points.

H1 Avg (Jan–Jun) 9.4011
H2 Avg (Jul–Dec) 10.5854

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.3649 ISK (High: 10.3687 / Low: 9.0038). On the other end, March was the most stable month, with a tight range of 0.5062 ISK (High: 9.3318 / Low: 8.8256).

June Spread (Volatile) ±1.3649
March Spread (Stable) ±0.5062

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2362 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 10.7629) against the same month in 2021 (average: 9.6881), the exchange rate shifted by +1.0747 (+11.09%).

2022 Avg (November) 10.7629
2021 Avg (November) 9.6881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8831 8.5967 9.3800
February 9.6210 8.5836 9.1439
March 9.3318 8.8256 9.0428
April 9.9873 8.8886 9.0994
May 10.1799 9.2203 9.9514
June 10.3687 9.0038 9.7888
July 10.7650 9.5644 10.2940
August 10.9212 10.0507 10.4520
September 11.2626 9.9260 10.5712
October 11.0574 10.3517 10.7818
November 11.5643 10.3544 10.7629
December 11.0488 10.0146 10.6507