YEARLY HIGH
0.1698 ISK
YEARLY LOW
0.1418 ISK
YEARLY AVERAGE
0.1586 ISK

2024 AOA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1698. Conversely, the yearly low was recorded on October 2, dropping to 0.1418.

This high-to-low spread represents a total annual volatility of 0.0280 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1649 to the December average rate of 0.1518, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1698 was down 40.91% compared to the 2023 peak of 0.2874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 849 ISK
2023 Average 1,064 ISK
Yearly Trough Low 709 ISK
Transaction Impact: A difference of 140.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1699
0.1455
JanuMarcMayJulySeptNove

AOA 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 0.1650, compared to 0.1522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.1650
H2 Avg (Jul–Dec) 0.1522

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0101 ISK (High: 0.1519 / Low: 0.1418). On the other end, December was the most stable month, with a tight range of 0.0026 ISK (High: 0.1530 / Low: 0.1505).

October Spread (Volatile) ±0.0101
December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1679) against the same month in 2023 (average: 0.2689), the exchange rate shifted by -0.1011 (-37.58%).

2024 Avg (April) 0.1679
2023 Avg (April) 0.2689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1659 0.1628 0.1649
February 0.1668 0.1637 0.1657
March 0.1669 0.1618 0.1644
April 0.1698 0.1651 0.1679
May 0.1675 0.1605 0.1647
June 0.1634 0.1602 0.1623
July 0.1614 0.1561 0.1580
August 0.1583 0.1506 0.1549
September 0.1518 0.1434 0.1476
October 0.1519 0.1418 0.1495
November 0.1531 0.1494 0.1514
December 0.1530 0.1505 0.1518