2024 AZN to ISK Historical Review

YEARLY HIGH

83.5471 ISK

YEARLY LOW

79.3118 ISK

YEARLY AVERAGE

81.1515 ISK

2024 AZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 83.5471. Conversely, the yearly low was recorded on September 26, dropping to 79.3118.

This high-to-low spread represents a total annual volatility of 4.2353 ISK. From a start-to-finish perspective, comparing the January average rate of 80.5166 to the December average rate of 81.5796, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 83.5471 was down 1.96% compared to the 2023 peak of 85.2176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 417,735 ISK

2023 Average 405,480 ISK

Yearly Trough Low 396,559 ISK

Transaction Impact: A difference of 21,176.47 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

82.6913

80.2859

JanuMarcMayJulySeptNove

AZN 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 81.3259, compared to 80.9772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3487 points.

H1 Avg (Jan–Jun) 81.3259

H2 Avg (Jul–Dec) 80.9772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.4824 ISK (High: 81.9353 / Low: 79.4529). On the other end, July was the most stable month, with a tight range of 1.3118 ISK (High: 81.6941 / Low: 80.3824).

March Spread (Volatile) ±2.4824

July Spread (Stable) ±1.3118

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 0.8428 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 82.4908) against the same month in 2023 (average: 80.2910), the exchange rate shifted by +2.1999 (+2.74%).

2024 Avg (April) 82.4908

2023 Avg (April) 80.2910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	81.1353	79.4694	80.5166
February	81.6824	80.1176	81.0213
March	81.9353	79.4529	80.6838
April	83.5471	81.3941	82.4908
May	82.4000	80.7588	81.6480
June	82.1294	80.6294	81.5949
July	81.6941	80.3824	81.0082
August	81.7588	80.1529	81.0341
September	81.7235	79.3118	80.5445
October	81.3471	79.5824	80.4864
November	82.1647	80.1059	81.2103
December	82.2353	80.8471	81.5796