2024 ISK to BND Historical Review

YEARLY HIGH

0.0099 BND

YEARLY LOW

0.0094 BND

YEARLY AVERAGE

0.0097 BND

2024 ISK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0099. Conversely, the yearly low was recorded on September 4, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0005 BND. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0097, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0099 was down 4.68% compared to the 2023 peak of 0.0104, 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 50 BND

2023 Average 49 BND

Yearly Trough Low 47 BND

Transaction Impact: A difference of 2.46 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0098

0.0094

JanuMarcMayJulySeptNove

ISK to BND 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 0.0097, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0097

H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 BND (High: 0.0098 / Low: 0.0095). On the other end, July was the most stable month, with a tight range of 0.0001 BND (High: 0.0098 / Low: 0.0097).

November Spread (Volatile) ±0.0003

July Spread (Stable) ±0.0001

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 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 (March 2024: 0.0098) against the same month in 2023 (average: 0.0096), the exchange rate shifted by +0.0002 (+2.03%).

2024 Avg (March) 0.0098

2023 Avg (March) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0099	0.0096	0.0098
February	0.0098	0.0097	0.0098
March	0.0099	0.0097	0.0098
April	0.0097	0.0096	0.0097
May	0.0098	0.0097	0.0097
June	0.0098	0.0097	0.0097
July	0.0098	0.0097	0.0098
August	0.0096	0.0094	0.0096
September	0.0096	0.0094	0.0095
October	0.0097	0.0095	0.0096
November	0.0098	0.0095	0.0097
December	0.0098	0.0096	0.0097