2024 ISK to BRL Historical Review

YEARLY HIGH

0.0483 BRL

YEARLY LOW

0.0354 BRL

YEARLY AVERAGE

0.0391 BRL

2024 ISK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0483. Conversely, the yearly low was recorded on January 5, dropping to 0.0354.

This high-to-low spread represents a total annual volatility of 0.0129 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0359 to the December average rate of 0.0441, the exchange rate registered a net change of 23.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0483 was up 26.02% compared to the 2023 peak of 0.0383, 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 241 BRL

2023 Average 181 BRL

Yearly Trough Low 177 BRL

Transaction Impact: A difference of 64.38 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0450

0.0350

JanuMarcMayJulySeptNove

ISK to BRL 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 0.0368, compared to 0.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0368

H2 Avg (Jul–Dec) 0.0414

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0054 BRL (High: 0.0483 / Low: 0.0429). On the other end, February was the most stable month, with a tight range of 0.0007 BRL (High: 0.0364 / Low: 0.0357).

December Spread (Volatile) ±0.0054

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0441) against the same month in 2023 (average: 0.0355), the exchange rate shifted by +0.0086 (+24.27%).

2024 Avg (December) 0.0441

2023 Avg (December) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0365	0.0354	0.0359
February	0.0364	0.0357	0.0360
March	0.0368	0.0359	0.0363
April	0.0372	0.0361	0.0365
May	0.0382	0.0363	0.0370
June	0.0404	0.0382	0.0389
July	0.0410	0.0393	0.0402
August	0.0416	0.0395	0.0403
September	0.0410	0.0398	0.0405
October	0.0423	0.0400	0.0411
November	0.0438	0.0411	0.0421
December	0.0483	0.0429	0.0441