2023 XCD to ISK Historical Review

YEARLY HIGH

53.6049 ISK

YEARLY LOW

48.2433 ISK

YEARLY AVERAGE

51.0286 ISK

2023 XCD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 53.6049. Conversely, the yearly low was recorded on August 30, dropping to 48.2433.

This high-to-low spread represents a total annual volatility of 5.3616 ISK. From a start-to-finish perspective, comparing the January average rate of 52.8754 to the December average rate of 51.0076, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.6049 was down 2.53% compared to the 2022 peak of 54.9962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 268,025 ISK

2022 Average 250,317 ISK

Yearly Trough Low 241,217 ISK

Transaction Impact: A difference of 26,808.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.3565

48.3650

JanuMarcMayJulySeptNove

XCD 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 51.7231, compared to 50.3341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3890 points.

H1 Avg (Jan–Jun) 51.7231

H2 Avg (Jul–Dec) 50.3341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.5383 ISK (High: 53.2127 / Low: 50.6744). On the other end, August was the most stable month, with a tight range of 0.7918 ISK (High: 49.0352 / Low: 48.2433).

November Spread (Volatile) ±2.5383

August Spread (Stable) ±0.7918

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 June and July, when the average rate fell by 1.9099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 52.9406) against the same month in 2022 (average: 46.2765), the exchange rate shifted by +6.6641 (+14.40%).

2023 Avg (February) 52.9406

2022 Avg (February) 46.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.5642	52.1470	52.8754
February	53.6049	51.5772	52.9406
March	52.7502	50.2562	51.7721
April	51.0074	49.9232	50.5059
May	52.1248	50.1822	51.2337
June	52.1988	49.7863	51.0109
July	50.7669	48.2766	49.1009
August	49.0352	48.2433	48.7810
September	51.0333	48.8117	50.0736
October	51.7955	50.7151	51.2840
November	53.2127	50.6744	51.7576
December	51.7955	50.1970	51.0076