2024 AUD to ISK Historical Review

YEARLY HIGH

94.0216 ISK

YEARLY LOW

85.9880 ISK

YEARLY AVERAGE

91.0173 ISK

2024 AUD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 94.0216. Conversely, the yearly low was recorded on December 30, dropping to 85.9880.

This high-to-low spread represents a total annual volatility of 8.0336 ISK. From a start-to-finish perspective, comparing the January average rate of 90.9717 to the December average rate of 87.7154, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 94.0216 was down 8.05% compared to the 2023 peak of 102.2532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 470,108 ISK

2023 Average 458,203 ISK

Yearly Trough Low 429,940 ISK

Transaction Impact: A difference of 40,168.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

93.2236

87.2146

JanuMarcMayJulySeptNove

AUD 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 91.0428, compared to 90.9917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 91.0428

H2 Avg (Jul–Dec) 90.9917

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.2269 ISK (High: 93.7725 / Low: 89.5456). On the other end, February was the most stable month, with a tight range of 1.0806 ISK (High: 90.3279 / Low: 89.2473).

August Spread (Volatile) ±4.2269

February Spread (Stable) ±1.0806

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.4550 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.4550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 92.7228) against the same month in 2023 (average: 86.9098), the exchange rate shifted by +5.8130 (+6.69%).

2024 Avg (September) 92.7228

2023 Avg (September) 86.9098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	93.1868	89.0984	90.9717
February	90.3279	89.2473	89.8971
March	90.9928	89.1041	89.9800
April	92.0279	90.6260	91.2602
May	92.6820	91.0140	92.0155
June	92.8385	91.2998	92.1321
July	93.1549	90.1122	91.9373
August	93.7725	89.5456	91.6679
September	94.0216	91.7454	92.7228
October	93.2021	89.8787	91.7367
November	91.7026	88.7115	90.1704
December	89.9030	85.9880	87.7154