2024 GYD to ISK Historical Review

YEARLY HIGH

0.6787 ISK

YEARLY LOW

0.6313 ISK

YEARLY AVERAGE

0.6594 ISK

2024 GYD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.6787. Conversely, the yearly low was recorded on March 13, dropping to 0.6313.

This high-to-low spread represents a total annual volatility of 0.0474 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6542 to the December average rate of 0.6632, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6787 was down 1.81% compared to the 2023 peak of 0.6912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,393 ISK

2023 Average 3,280 ISK

Yearly Trough Low 3,156 ISK

Transaction Impact: A difference of 236.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6720

0.6520

JanuMarcMayJulySeptNove

GYD 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 0.6608, compared to 0.6581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.6608

H2 Avg (Jul–Dec) 0.6581

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0347 ISK (High: 0.6660 / Low: 0.6313). On the other end, July was the most stable month, with a tight range of 0.0103 ISK (High: 0.6638 / Low: 0.6535).

March Spread (Volatile) ±0.0347

July Spread (Stable) ±0.0103

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 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6703) against the same month in 2023 (average: 0.6458), the exchange rate shifted by +0.0245 (+3.80%).

2024 Avg (April) 0.6703

2023 Avg (April) 0.6458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6595	0.6457	0.6542
February	0.6637	0.6498	0.6581
March	0.6660	0.6313	0.6554
April	0.6787	0.6623	0.6703
May	0.6696	0.6552	0.6635
June	0.6686	0.6552	0.6630
July	0.6638	0.6535	0.6585
August	0.6654	0.6512	0.6590
September	0.6642	0.6444	0.6544
October	0.6615	0.6458	0.6537
November	0.6678	0.6508	0.6598
December	0.6687	0.6565	0.6632