2022 SRD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SRD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 6.5319. Conversely, the yearly low was recorded on December 5, dropping to 4.4378.
This high-to-low spread represents a total annual volatility of 2.0941 ISK. From a start-to-finish perspective, comparing the January average rate of 6.0972 to the December average rate of 4.4923, the exchange rate registered a net change of -26.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 6.5319 was down 29.04% compared to the 2021 peak of 9.2045, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SRD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.1646, compared to 5.2026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9621 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 0.6415 ISK (High: 5.6275 / Low: 4.9860). On the other end, December was the most stable month, with a tight range of 0.1087 ISK (High: 4.5465 / Low: 4.4378).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4226 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 6.3250) against the same month in 2021 (average: 8.9952), the exchange rate shifted by -2.6702 (-29.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.2533 | 6.0308 | 6.0972 |
| February | 6.1863 | 5.9581 | 6.0683 |
| March | 6.5319 | 6.1562 | 6.3250 |
| April | 6.3209 | 6.1765 | 6.2366 |
| May | 6.4363 | 6.0102 | 6.2502 |
| June | 6.0921 | 5.9245 | 6.0105 |
| July | 6.1707 | 5.6001 | 5.9650 |
| August | 5.8296 | 5.4527 | 5.6754 |
| September | 5.6275 | 4.9860 | 5.2528 |
| October | 5.2488 | 4.9103 | 5.0727 |
| November | 5.0160 | 4.5384 | 4.7572 |
| December | 4.5465 | 4.4378 | 4.4923 |