2023 ISK to SBD Historical Review

YEARLY HIGH

0.0642 SBD

YEARLY LOW

0.0570 SBD

YEARLY AVERAGE

0.0606 SBD

2023 ISK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0642. Conversely, the yearly low was recorded on February 25, dropping to 0.0570.

This high-to-low spread represents a total annual volatility of 0.0072 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0578 to the December average rate of 0.0614, the exchange rate registered a net change of 6.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0642 was down 1.62% compared to the 2022 peak of 0.0652, 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 321 SBD

2022 Average 301 SBD

Yearly Trough Low 285 SBD

Transaction Impact: A difference of 36.21 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0641

0.0570

JanuMarcMayJulySeptNove

ISK to SBD 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 0.0593, compared to 0.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0593

H2 Avg (Jul–Dec) 0.0619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0035 SBD (High: 0.0619 / Low: 0.0584). On the other end, August was the most stable month, with a tight range of 0.0010 SBD (High: 0.0642 / Low: 0.0632).

November Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, 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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0635) against the same month in 2022 (average: 0.0594), the exchange rate shifted by +0.0041 (+6.86%).

2023 Avg (August) 0.0635

2022 Avg (August) 0.0594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0585	0.0571	0.0578
February	0.0591	0.0570	0.0576
March	0.0606	0.0578	0.0588
April	0.0617	0.0597	0.0608
May	0.0613	0.0592	0.0601
June	0.0619	0.0591	0.0605
July	0.0641	0.0610	0.0631
August	0.0642	0.0632	0.0635
September	0.0634	0.0607	0.0621
October	0.0618	0.0600	0.0608
November	0.0619	0.0584	0.0603
December	0.0622	0.0604	0.0614

2023 ISK నుండి SBD చారిత్రక సమీక్ష