2024 DJF to ISK Historical Review

YEARLY HIGH

0.7990 ISK

YEARLY LOW

0.7555 ISK

YEARLY AVERAGE

0.7759 ISK

2024 DJF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.7990. Conversely, the yearly low was recorded on September 25, dropping to 0.7555.

This high-to-low spread represents a total annual volatility of 0.0435 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7695 to the December average rate of 0.7798, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7990 was down 2.17% compared to the 2023 peak of 0.8167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,995 ISK

2023 Average 3,876 ISK

Yearly Trough Low 3,778 ISK

Transaction Impact: A difference of 217.26 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7908

0.7674

JanuMarcMayJulySeptNove

DJF 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 0.7776, compared to 0.7742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.7776

H2 Avg (Jul–Dec) 0.7742

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0260 ISK (High: 0.7815 / Low: 0.7555). On the other end, December was the most stable month, with a tight range of 0.0138 ISK (High: 0.7862 / Low: 0.7724).

September Spread (Volatile) ±0.0260

December Spread (Stable) ±0.0138

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 0.0077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7889) against the same month in 2023 (average: 0.7684), the exchange rate shifted by +0.0204 (+2.66%).

2024 Avg (April) 0.7889

2023 Avg (April) 0.7684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7751	0.7594	0.7695
February	0.7812	0.7636	0.7741
March	0.7834	0.7603	0.7719
April	0.7990	0.7791	0.7889
May	0.7901	0.7702	0.7812
June	0.7876	0.7711	0.7801
July	0.7824	0.7682	0.7745
August	0.7818	0.7677	0.7757
September	0.7815	0.7555	0.7696
October	0.7779	0.7587	0.7694
November	0.7869	0.7661	0.7763
December	0.7862	0.7724	0.7798