2024 ISK to CDF Historical Review

YEARLY HIGH

21.1955 CDF

YEARLY LOW

19.4658 CDF

YEARLY AVERAGE

20.4069 CDF

2024 ISK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 21.1955. Conversely, the yearly low was recorded on January 20, dropping to 19.4658.

This high-to-low spread represents a total annual volatility of 1.7297 CDF. From a start-to-finish perspective, comparing the January average rate of 19.8817 to the December average rate of 20.5808, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.1955 was up 3.64% compared to the 2023 peak of 20.4503, 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 105,978 CDF

2023 Average 84,911 CDF

Yearly Trough Low 97,329 CDF

Transaction Impact: A difference of 8,648.72 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.9685

19.7829

JanuMarcMayJulySeptNove

ISK to CDF 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 20.0958, compared to 20.7180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6222 points.

H1 Avg (Jan–Jun) 20.0958

H2 Avg (Jul–Dec) 20.7180

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.8374 CDF (High: 20.3032 / Low: 19.4658). On the other end, June was the most stable month, with a tight range of 0.3138 CDF (High: 20.5541 / Low: 20.2404).

January Spread (Volatile) ±0.8374

June Spread (Stable) ±0.3138

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3175 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 20.8038) against the same month in 2023 (average: 18.3565), the exchange rate shifted by +2.4473 (+13.33%).

2024 Avg (September) 20.8038

2023 Avg (September) 18.3565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3032	19.4658	19.8817
February	20.1542	19.8061	20.0116
March	20.5415	19.9453	20.2208
April	20.3280	19.6130	19.9033
May	20.5602	19.9077	20.1413
June	20.5541	20.2404	20.4163
July	20.9490	20.4866	20.6506
August	20.9685	20.5088	20.6811
September	21.1955	20.4779	20.8038
October	21.1279	20.5760	20.8697
November	21.0472	20.4534	20.7220
December	20.8454	20.3507	20.5808