2024 ARS to ISK Historical Review

YEARLY HIGH

0.1701 ISK

YEARLY LOW

0.1341 ISK

YEARLY AVERAGE

0.1515 ISK

2024 ARS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1701. Conversely, the yearly low was recorded on December 30, dropping to 0.1341.

This high-to-low spread represents a total annual volatility of 0.0360 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1674 to the December average rate of 0.1360, the exchange rate registered a net change of -18.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1701 was down 78.97% compared to the 2023 peak of 0.8090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 851 ISK

2023 Average 2,643 ISK

Yearly Trough Low 671 ISK

Transaction Impact: A difference of 180.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1706

0.1328

JanuMarcMayJulySeptNove

ARS 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 0.1610, compared to 0.1421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.1610

H2 Avg (Jul–Dec) 0.1421

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0068 ISK (High: 0.1603 / Low: 0.1535). On the other end, June was the most stable month, with a tight range of 0.0023 ISK (High: 0.1548 / Low: 0.1524).

May Spread (Volatile) ±0.0068

June Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0049 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1674) against the same month in 2023 (average: 0.7852), the exchange rate shifted by -0.6178 (-78.68%).

2024 Avg (January) 0.1674

2023 Avg (January) 0.7852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1701	0.1650	0.1674
February	0.1670	0.1636	0.1651
March	0.1640	0.1590	0.1613
April	0.1636	0.1600	0.1616
May	0.1603	0.1535	0.1568
June	0.1548	0.1524	0.1535
July	0.1520	0.1480	0.1494
August	0.1492	0.1441	0.1465
September	0.1457	0.1394	0.1426
October	0.1406	0.1382	0.1397
November	0.1400	0.1359	0.1382
December	0.1372	0.1341	0.1360