2024 CRC to ISK Historical Review

YEARLY HIGH

0.2837 ISK

YEARLY LOW

0.2574 ISK

YEARLY AVERAGE

0.2677 ISK

2024 CRC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.2837. Conversely, the yearly low was recorded on July 8, dropping to 0.2574.

This high-to-low spread represents a total annual volatility of 0.0263 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2648 to the December average rate of 0.2742, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2837 was up 4.83% compared to the 2023 peak of 0.2707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,419 ISK

2023 Average 1,273 ISK

Yearly Trough Low 1,287 ISK

Transaction Impact: A difference of 131.57 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2800

0.2599

JanuMarcMayJulySeptNove

CRC 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 0.2691, compared to 0.2662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2691

H2 Avg (Jul–Dec) 0.2662

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0126 ISK (High: 0.2772 / Low: 0.2646). On the other end, February was the most stable month, with a tight range of 0.0062 ISK (High: 0.2701 / Low: 0.2639).

March Spread (Volatile) ±0.0126

February Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0075 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2783) against the same month in 2023 (average: 0.2549), the exchange rate shifted by +0.0234 (+9.20%).

2024 Avg (April) 0.2783

2023 Avg (April) 0.2549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2683	0.2610	0.2648
February	0.2701	0.2639	0.2671
March	0.2772	0.2646	0.2698
April	0.2837	0.2727	0.2783
May	0.2744	0.2635	0.2708
June	0.2673	0.2593	0.2640
July	0.2647	0.2574	0.2615
August	0.2668	0.2589	0.2626
September	0.2687	0.2591	0.2636
October	0.2683	0.2604	0.2650
November	0.2745	0.2663	0.2704
December	0.2778	0.2709	0.2742