2024 ISK to ALL Historical Review

YEARLY HIGH

0.7055 ALL

YEARLY LOW

0.6494 ALL

YEARLY AVERAGE

0.6746 ALL

2024 ISK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.7055. Conversely, the yearly low was recorded on September 4, dropping to 0.6494.

This high-to-low spread represents a total annual volatility of 0.0561 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6954 to the December average rate of 0.6766, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7055 was down 9.19% compared to the 2023 peak of 0.7769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,528 ALL

2023 Average 3,647 ALL

Yearly Trough Low 3,247 ALL

Transaction Impact: A difference of 280.50 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7031

0.6489

JanuMarcMayJulySeptNove

ISK to ALL 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 0.6841, compared to 0.6650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.6841

H2 Avg (Jul–Dec) 0.6650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0261 ALL (High: 0.6816 / Low: 0.6555). On the other end, July was the most stable month, with a tight range of 0.0070 ALL (High: 0.6752 / Low: 0.6681).

November Spread (Volatile) ±0.0261

July Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0188 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6954) against the same month in 2023 (average: 0.7553), the exchange rate shifted by -0.0599 (-7.93%).

2024 Avg (January) 0.6954

2023 Avg (January) 0.7553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7055	0.6839	0.6954
February	0.7044	0.6933	0.6985
March	0.7004	0.6836	0.6934
April	0.6857	0.6676	0.6747
May	0.6801	0.6660	0.6701
June	0.6760	0.6652	0.6725
July	0.6752	0.6681	0.6715
August	0.6674	0.6502	0.6587
September	0.6584	0.6494	0.6534
October	0.6659	0.6564	0.6617
November	0.6816	0.6555	0.6683
December	0.6827	0.6704	0.6766