2024 IDR to ISK Historical Review

YEARLY HIGH

0.0090 ISK

YEARLY LOW

0.0084 ISK

YEARLY AVERAGE

0.0087 ISK

2024 IDR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0090. Conversely, the yearly low was recorded on June 5, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0006 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0086, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0090 was down 6.64% compared to the 2023 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 89,903 ISK

2023 Average 90,479 ISK

Yearly Trough Low 84,233 ISK

Transaction Impact: A difference of 5,670.26 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0090

0.0084

JanuMarcMayJulySeptNove

IDR 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 0.0087, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0087

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 ISK (High: 0.0089 / Low: 0.0085). On the other end, July was the most stable month, with a tight range of 0.0001 ISK (High: 0.0085 / Low: 0.0084).

August Spread (Volatile) ±0.0004

July Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0089) against the same month in 2023 (average: 0.0088), the exchange rate shifted by +0.0001 (+1.47%).

2024 Avg (September) 0.0089

2023 Avg (September) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0086	0.0088
February	0.0089	0.0087	0.0088
March	0.0088	0.0086	0.0087
April	0.0088	0.0086	0.0087
May	0.0087	0.0085	0.0086
June	0.0085	0.0084	0.0085
July	0.0085	0.0084	0.0085
August	0.0089	0.0085	0.0087
September	0.0090	0.0089	0.0089
October	0.0089	0.0086	0.0088
November	0.0089	0.0086	0.0087
December	0.0087	0.0085	0.0086