YEARLY HIGH
78.8448 ISK
YEARLY LOW
74.8037 ISK
YEARLY AVERAGE
76.5626 ISK

2024 ANG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 78.8448. Conversely, the yearly low was recorded on September 26, dropping to 74.8037.

This high-to-low spread represents a total annual volatility of 4.0411 ISK. From a start-to-finish perspective, comparing the January average rate of 75.9768 to the December average rate of 76.9757, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 78.8448 was down 2.02% compared to the 2023 peak of 80.4700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 394,224 ISK
2023 Average 382,652 ISK
Yearly Trough Low 374,019 ISK
Transaction Impact: A difference of 20,205.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.0585
75.6711
JanuMarcMayJulySeptNove

ANG 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 76.7355, compared to 76.3897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3458 points.

H1 Avg (Jan–Jun) 76.7355
H2 Avg (Jul–Dec) 76.3897

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.4181 ISK (High: 77.3734 / Low: 74.9553). On the other end, July was the most stable month, with a tight range of 1.1987 ISK (High: 77.0554 / Low: 75.8567).

March Spread (Volatile) ±2.4181
July Spread (Stable) ±1.1987

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8190 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 77.8595) against the same month in 2023 (average: 75.8137), the exchange rate shifted by +2.0458 (+2.70%).

2024 Avg (April) 77.8595
2023 Avg (April) 75.8137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.5988 75.0179 75.9768
February 77.0464 75.4372 76.3935
March 77.3734 74.9553 76.1760
April 78.8448 76.9817 77.8595
May 77.7325 76.0963 77.0405
June 77.5100 76.1037 76.9664
July 77.0554 75.8567 76.4356
August 77.2333 75.5805 76.5048
September 77.1023 74.8037 75.9627
October 76.7343 74.9628 75.8700
November 77.5219 75.5423 76.5892
December 77.5669 76.2090 76.9757