2024 ISK to AZN Historical Review

YEARLY HIGH

0.0126 AZN

YEARLY LOW

0.0120 AZN

YEARLY AVERAGE

0.0123 AZN

2024 ISK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0126. Conversely, the yearly low was recorded on April 16, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0006 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0123, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0126 was down 3.30% compared to the 2023 peak of 0.0130, 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 63 AZN

2023 Average 62 AZN

Yearly Trough Low 60 AZN

Transaction Impact: A difference of 3.20 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0125

0.0121

JanuMarcMayJulySeptNove

ISK to AZN 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 0.0123, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 AZN (High: 0.0126 / Low: 0.0122). On the other end, July was the most stable month, with a tight range of 0.0002 AZN (High: 0.0124 / Low: 0.0122).

March Spread (Volatile) ±0.0004

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0124) against the same month in 2023 (average: 0.0126), the exchange rate shifted by -0.0001 (-1.17%).

2024 Avg (September) 0.0124

2023 Avg (September) 0.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0123	0.0124
February	0.0125	0.0122	0.0123
March	0.0126	0.0122	0.0124
April	0.0123	0.0120	0.0121
May	0.0124	0.0121	0.0122
June	0.0124	0.0122	0.0123
July	0.0124	0.0122	0.0123
August	0.0125	0.0122	0.0123
September	0.0126	0.0122	0.0124
October	0.0126	0.0123	0.0124
November	0.0125	0.0122	0.0123
December	0.0124	0.0122	0.0123