2023 XDR to ISK Historical Review

YEARLY HIGH

194.1271 ISK

YEARLY LOW

172.8655 ISK

YEARLY AVERAGE

184.0578 ISK

2023 XDR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 194.1271. Conversely, the yearly low was recorded on August 30, dropping to 172.8655.

This high-to-low spread represents a total annual volatility of 21.2616 ISK. From a start-to-finish perspective, comparing the January average rate of 191.9776 to the December average rate of 183.8376, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 194.1271 was down 5.76% compared to the 2022 peak of 205.9912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 970,635 ISK

2022 Average 927,212 ISK

Yearly Trough Low 864,327 ISK

Transaction Impact: A difference of 106,307.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

193.5753

174.4031

JanuMarcMayJulySeptNove

XDR 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 187.4476, compared to 180.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7795 points.

H1 Avg (Jan–Jun) 187.4476

H2 Avg (Jul–Dec) 180.6681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 7.9880 ISK (High: 190.1784 / Low: 182.1904). On the other end, October was the most stable month, with a tight range of 3.6398 ISK (High: 183.9676 / Low: 180.3278).

March Spread (Volatile) ±7.9880

October Spread (Stable) ±3.6398

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 5.6859 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.6859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 191.9776) against the same month in 2022 (average: 180.9708), the exchange rate shifted by +11.0068 (+6.08%).

2023 Avg (January) 191.9776

2022 Avg (January) 180.9708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	194.1271	188.4342	191.9776
February	193.8608	187.9633	191.6197
March	190.1784	182.1904	186.6889
April	186.1825	181.8728	184.2305
May	189.0715	182.4051	186.1745
June	188.2727	180.4272	183.9945
July	182.9352	175.7092	178.3085
August	178.2912	172.8655	176.0008
September	181.3045	175.0143	178.9002
October	183.9676	180.3278	182.0131
November	189.0061	182.1862	184.9482
December	186.0157	181.1321	183.8376