YEARLY HIGH
0.0150 BZD
YEARLY LOW
0.0142 BZD
YEARLY AVERAGE
0.0146 BZD

2024 ISK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0150. Conversely, the yearly low was recorded on April 16, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0008 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0145, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0150 was down 3.36% compared to the 2023 peak of 0.0155, 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 75 BZD
2023 Average 73 BZD
Yearly Trough Low 71 BZD
Transaction Impact: A difference of 3.83 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0148
0.0143
JanuMarcMayJulySeptNove

ISK to BZD 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 0.0146, compared to 0.0146 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) 0.0146
H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 BZD (High: 0.0149 / Low: 0.0145). On the other end, July was the most stable month, with a tight range of 0.0002 BZD (High: 0.0147 / Low: 0.0145).

March Spread (Volatile) ±0.0005
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: 0.0147) against the same month in 2023 (average: 0.0149), the exchange rate shifted by -0.0002 (-1.14%).

2024 Avg (September) 0.0147
2023 Avg (September) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0149 0.0146 0.0147
February 0.0148 0.0145 0.0146
March 0.0149 0.0145 0.0147
April 0.0145 0.0142 0.0144
May 0.0147 0.0144 0.0145
June 0.0147 0.0144 0.0145
July 0.0147 0.0145 0.0146
August 0.0148 0.0145 0.0146
September 0.0150 0.0145 0.0147
October 0.0149 0.0146 0.0147
November 0.0148 0.0144 0.0146
December 0.0147 0.0144 0.0145