2024 HTG to ISK Historical Review

YEARLY HIGH

1.0716 ISK

YEARLY LOW

1.0190 ISK

YEARLY AVERAGE

1.0453 ISK

2024 HTG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 1.0716. Conversely, the yearly low was recorded on March 13, dropping to 1.0190.

This high-to-low spread represents a total annual volatility of 0.0527 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0400 to the December average rate of 1.0601, the exchange rate registered a net change of 1.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0716 was down 1.03% compared to the 2023 peak of 1.0828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,358 ISK

2023 Average 4,882 ISK

Yearly Trough Low 5,095 ISK

Transaction Impact: A difference of 263.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0626

1.0330

JanuMarcMayJulySeptNove

HTG 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 1.0447, compared to 1.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.0447

H2 Avg (Jul–Dec) 1.0459

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0333 ISK (High: 1.0539 / Low: 1.0206). On the other end, July was the most stable month, with a tight range of 0.0124 ISK (High: 1.0477 / Low: 1.0353).

September Spread (Volatile) ±0.0333

July Spread (Stable) ±0.0124

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 0.0121 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.0583) against the same month in 2023 (average: 0.8803), the exchange rate shifted by +0.1779 (+20.21%).

2024 Avg (April) 1.0583

2023 Avg (April) 0.8803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0477	1.0279	1.0400
February	1.0539	1.0360	1.0428
March	1.0518	1.0190	1.0354
April	1.0716	1.0448	1.0583
May	1.0561	1.0338	1.0462
June	1.0539	1.0328	1.0457
July	1.0477	1.0353	1.0425
August	1.0573	1.0334	1.0460
September	1.0539	1.0206	1.0383
October	1.0509	1.0245	1.0380
November	1.0644	1.0346	1.0504
December	1.0688	1.0484	1.0601