2024 CHF to ISK Historical Review

YEARLY HIGH

163.7486 ISK

YEARLY LOW

150.5029 ISK

YEARLY AVERAGE

156.7315 ISK

2024 CHF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 163.7486. Conversely, the yearly low was recorded on May 27, dropping to 150.5029.

This high-to-low spread represents a total annual volatility of 13.2457 ISK. From a start-to-finish perspective, comparing the January average rate of 159.5448 to the December average rate of 155.4920, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 163.7486 was up 1.25% compared to the 2023 peak of 161.7324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 818,743 ISK

2023 Average 767,355 ISK

Yearly Trough Low 752,514 ISK

Transaction Impact: A difference of 66,228.70 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

162.5514

151.7963

JanuMarcMayJulySeptNove

CHF 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 155.4841, compared to 157.9788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4947 points.

H1 Avg (Jan–Jun) 155.4841

H2 Avg (Jul–Dec) 157.9788

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 6.8619 ISK (High: 162.4093 / Low: 155.5474). On the other end, October was the most stable month, with a tight range of 2.3629 ISK (High: 160.0943 / Low: 157.7315).

January Spread (Volatile) ±6.8619

October Spread (Stable) ±2.3629

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 2.8039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.8039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 161.6552) against the same month in 2023 (average: 150.5203), the exchange rate shifted by +11.1349 (+7.40%).

2024 Avg (September) 161.6552

2023 Avg (September) 150.5203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.4093	155.5474	159.5448
February	158.8083	155.7888	157.0714
March	156.1768	152.2901	154.3762
April	155.6285	152.8192	154.1201
May	154.3144	150.5029	152.6926
June	157.3014	152.2614	155.0999
July	157.4713	152.3969	154.4343
August	163.2947	158.8573	160.6550
September	163.7486	158.9395	161.6552
October	160.0943	157.7315	158.8513
November	159.0332	154.3837	156.7852
December	157.3797	153.0884	155.4920