2024 IQD to ISK Historical Review

YEARLY HIGH

0.1085 ISK

YEARLY LOW

0.1027 ISK

YEARLY AVERAGE

0.1053 ISK

2024 IQD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.1085. Conversely, the yearly low was recorded on September 25, dropping to 0.1027.

This high-to-low spread represents a total annual volatility of 0.0057 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1045 to the December average rate of 0.1059, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1085 was down 1.20% compared to the 2023 peak of 0.1098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 542 ISK

2023 Average 508 ISK

Yearly Trough Low 514 ISK

Transaction Impact: A difference of 28.72 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1074

0.1041

JanuMarcMayJulySeptNove

IQD 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 0.1056, compared to 0.1051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1056

H2 Avg (Jul–Dec) 0.1051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0034 ISK (High: 0.1061 / Low: 0.1027). On the other end, July was the most stable month, with a tight range of 0.0017 ISK (High: 0.1061 / Low: 0.1044).

September Spread (Volatile) ±0.0034

July Spread (Stable) ±0.0017

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 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1071) against the same month in 2023 (average: 0.0941), the exchange rate shifted by +0.0130 (+13.78%).

2024 Avg (April) 0.1071

2023 Avg (April) 0.0941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1053	0.1032	0.1045
February	0.1060	0.1038	0.1051
March	0.1064	0.1031	0.1048
April	0.1085	0.1059	0.1071
May	0.1069	0.1047	0.1060
June	0.1067	0.1047	0.1059
July	0.1061	0.1044	0.1052
August	0.1063	0.1040	0.1053
September	0.1061	0.1027	0.1045
October	0.1056	0.1031	0.1044
November	0.1066	0.1039	0.1053
December	0.1067	0.1049	0.1059