2024 ISK to BGN Historical Review

YEARLY HIGH

0.0136 BGN

YEARLY LOW

0.0127 BGN

YEARLY AVERAGE

0.0131 BGN

2024 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0136. Conversely, the yearly low was recorded on September 4, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0009 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0135, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0136 was down 1.23% compared to the 2023 peak of 0.0138, 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 68 BGN

2023 Average 66 BGN

Yearly Trough Low 64 BGN

Transaction Impact: A difference of 4.28 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0135

0.0128

JanuMarcMayJulySeptNove

ISK to BGN 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 0.0131, compared to 0.0131 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) 0.0131

H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 BGN (High: 0.0135 / Low: 0.0131). On the other end, July was the most stable month, with a tight range of 0.0001 BGN (High: 0.0131 / Low: 0.0130).

November Spread (Volatile) ±0.0005

July Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0135) against the same month in 2023 (average: 0.0130), the exchange rate shifted by +0.0005 (+3.63%).

2024 Avg (December) 0.0135

2023 Avg (December) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0133	0.0130	0.0131
February	0.0132	0.0131	0.0132
March	0.0132	0.0130	0.0131
April	0.0130	0.0130	0.0130
May	0.0132	0.0130	0.0130
June	0.0132	0.0130	0.0131
July	0.0131	0.0130	0.0131
August	0.0130	0.0128	0.0129
September	0.0130	0.0127	0.0129
October	0.0132	0.0130	0.0131
November	0.0135	0.0131	0.0133
December	0.0136	0.0134	0.0135