2023 ISK to IRR Historical Review

YEARLY HIGH

324.0528 IRR

YEARLY LOW

287.4681 IRR

YEARLY AVERAGE

306.3656 IRR

2023 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 324.0528. Conversely, the yearly low was recorded on February 20, dropping to 287.4681.

This high-to-low spread represents a total annual volatility of 36.5847 IRR. From a start-to-finish perspective, comparing the January average rate of 293.4752 to the December average rate of 306.3767, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 324.0528 was down 4.82% compared to the 2022 peak of 340.4607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,620,264 IRR

2022 Average 1,565,751 IRR

Yearly Trough Low 1,437,340 IRR

Transaction Impact: A difference of 182,923.51 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

323.4317

290.7519

JanuMarcMayJulySeptNove

ISK to IRR 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 301.9371, compared to 310.7941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.8570 points.

H1 Avg (Jan–Jun) 301.9371

H2 Avg (Jul–Dec) 310.7941

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 15.8164 IRR (High: 323.9250 / Low: 308.1086). On the other end, August was the most stable month, with a tight range of 5.0443 IRR (High: 324.0528 / Low: 319.0085).

July Spread (Volatile) ±15.8164

August Spread (Stable) ±5.0443

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 8.4356 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.4356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 320.7084) against the same month in 2022 (average: 305.3747), the exchange rate shifted by +15.3337 (+5.02%).

2023 Avg (August) 320.7084

2022 Avg (August) 305.3747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	299.4394	289.4446	293.4752
February	302.7836	287.4681	295.1136
March	311.0735	296.3664	301.3880
April	313.1485	306.6739	309.6048
May	311.7166	299.9219	305.3357
June	314.0097	299.8511	306.7051
July	323.9250	308.1086	318.4221
August	324.0528	319.0085	320.7084
September	320.2792	306.2464	312.2728
October	308.2592	301.8288	304.8491
November	308.5980	293.9643	302.1356
December	309.9560	301.9181	306.3767

2023 ISK నుండి IRR చారిత్రక సమీక్ష