2023 TJS to ISK Historical Review

YEARLY HIGH

14.4585 ISK

YEARLY LOW

11.8612 ISK

YEARLY AVERAGE

12.7794 ISK

2023 TJS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 14.4585. Conversely, the yearly low was recorded on August 30, dropping to 11.8612.

This high-to-low spread represents a total annual volatility of 2.5973 ISK. From a start-to-finish perspective, comparing the January average rate of 13.9661 to the December average rate of 12.6016, the exchange rate registered a net change of -9.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.4585 was down 2.41% compared to the 2022 peak of 14.8157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,293 ISK

2022 Average 62,374 ISK

Yearly Trough Low 59,306 ISK

Transaction Impact: A difference of 12,986.43 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1615

11.8168

JanuMarcMayJulySeptNove

TJS 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 13.1398, compared to 12.4190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7208 points.

H1 Avg (Jan–Jun) 13.1398

H2 Avg (Jul–Dec) 12.4190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.8008 ISK (High: 14.2368 / Low: 12.4360). On the other end, October was the most stable month, with a tight range of 0.2478 ISK (High: 12.7670 / Low: 12.5193).

March Spread (Volatile) ±1.8008

October Spread (Stable) ±0.2478

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 March and April, when the average rate fell by 0.7668 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 13.7740) against the same month in 2022 (average: 11.0783), the exchange rate shifted by +2.6958 (+24.33%).

2023 Avg (February) 13.7740

2022 Avg (February) 11.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1786	13.7175	13.9661
February	14.4585	13.4606	13.7740
March	14.2368	12.4360	13.2808
April	12.6671	12.3512	12.5140
May	12.9046	12.4336	12.6812
June	12.9231	12.3226	12.6226
July	12.5525	11.9223	12.1447
August	12.1124	11.8612	12.0122
September	12.5421	12.0080	12.3232
October	12.7670	12.5193	12.6367
November	13.1345	12.5467	12.7953
December	12.8380	12.3713	12.6016