2024 ISK to BOB Historical Review

YEARLY HIGH

0.0513 BOB

YEARLY LOW

0.0488 BOB

YEARLY AVERAGE

0.0501 BOB

2024 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0513. Conversely, the yearly low was recorded on April 15, dropping to 0.0488.

This high-to-low spread represents a total annual volatility of 0.0026 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0505 to the December average rate of 0.0498, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0513 was down 3.20% compared to the 2023 peak of 0.0530, 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 257 BOB

2023 Average 251 BOB

Yearly Trough Low 244 BOB

Transaction Impact: A difference of 12.86 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0507

0.0492

JanuMarcMayJulySeptNove

ISK to BOB 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 0.0500, compared to 0.0502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0500

H2 Avg (Jul–Dec) 0.0502

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0017 BOB (High: 0.0513 / Low: 0.0496). On the other end, July was the most stable month, with a tight range of 0.0008 BOB (High: 0.0505 / Low: 0.0498).

March Spread (Volatile) ±0.0017

July Spread (Stable) ±0.0008

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0504) against the same month in 2023 (average: 0.0493), the exchange rate shifted by +0.0010 (+2.10%).

2024 Avg (March) 0.0504

2023 Avg (March) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0511	0.0500	0.0505
February	0.0508	0.0498	0.0502
March	0.0513	0.0496	0.0504
April	0.0499	0.0488	0.0493
May	0.0504	0.0493	0.0498
June	0.0504	0.0494	0.0498
July	0.0505	0.0498	0.0502
August	0.0507	0.0496	0.0501
September	0.0513	0.0497	0.0505
October	0.0511	0.0500	0.0506
November	0.0508	0.0495	0.0501
December	0.0503	0.0494	0.0498