YEARLY HIGH
9.9985 ISK
YEARLY LOW
7.5201 ISK
YEARLY AVERAGE
8.2420 ISK

2022 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 9.9985. Conversely, the yearly low was recorded on June 9, dropping to 7.5201.

This high-to-low spread represents a total annual volatility of 2.4783 ISK. From a start-to-finish perspective, comparing the January average rate of 9.5343 to the December average rate of 7.6294, the exchange rate registered a net change of -19.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.9985 was down 46.09% compared to the 2021 peak of 18.5480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 499,923 ISK
2021 Average 734,509 ISK
Yearly Trough Low 376,006 ISK
Transaction Impact: A difference of 123,917.32 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.7248
7.4389
JanuMarcMayJulySeptNove

TRY 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 8.7553, compared to 7.7287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0266 points.

H1 Avg (Jan–Jun) 8.7553
H2 Avg (Jul–Dec) 7.7287

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 1.0943 ISK (High: 8.8353 / Low: 7.7410). On the other end, December was the most stable month, with a tight range of 0.1199 ISK (High: 7.6918 / Low: 7.5719).

May Spread (Volatile) ±1.0943
December Spread (Stable) ±0.1199

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 May and June, when the average rate fell by 0.6732 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 9.5343) against the same month in 2021 (average: 17.3711), the exchange rate shifted by -7.8368 (-45.11%).

2022 Avg (January) 9.5343
2021 Avg (January) 17.3711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9985 9.2721 9.5343
February 9.5188 8.8943 9.1662
March 9.3465 8.6639 8.9182
April 8.8924 8.7109 8.7868
May 8.8353 7.7410 8.3998
June 8.0422 7.5201 7.7266
July 7.9875 7.5707 7.8201
August 7.7936 7.5417 7.6908
September 7.8775 7.5713 7.7402
October 7.8131 7.6282 7.7458
November 7.9820 7.5548 7.7461
December 7.6918 7.5719 7.6294