2023 SOS to ISK Historical Review

YEARLY HIGH

0.2558 ISK

YEARLY LOW

0.2288 ISK

YEARLY AVERAGE

0.2422 ISK

2023 SOS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.2558. Conversely, the yearly low was recorded on August 30, dropping to 0.2288.

This high-to-low spread represents a total annual volatility of 0.0270 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2513 to the December average rate of 0.2411, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2558 was down 2.23% compared to the 2022 peak of 0.2616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,279 ISK

2022 Average 1,176 ISK

Yearly Trough Low 1,144 ISK

Transaction Impact: A difference of 134.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2536

0.2296

JanuMarcMayJulySeptNove

SOS 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 0.2459, compared to 0.2386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.2459

H2 Avg (Jul–Dec) 0.2386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0120 ISK (High: 0.2507 / Low: 0.2387). On the other end, August was the most stable month, with a tight range of 0.0043 ISK (High: 0.2331 / Low: 0.2288).

March Spread (Volatile) ±0.0120

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2516) against the same month in 2022 (average: 0.2151), the exchange rate shifted by +0.0365 (+16.97%).

2023 Avg (February) 0.2516

2022 Avg (February) 0.2151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2544	0.2479	0.2513
February	0.2558	0.2452	0.2516
March	0.2507	0.2387	0.2463
April	0.2432	0.2373	0.2403
May	0.2478	0.2384	0.2435
June	0.2478	0.2365	0.2424
July	0.2409	0.2291	0.2333
August	0.2331	0.2288	0.2316
September	0.2415	0.2316	0.2374
October	0.2452	0.2408	0.2428
November	0.2516	0.2396	0.2452
December	0.2449	0.2375	0.2411