2024 ISK to CHF Historical Review

YEARLY HIGH

0.0066 CHF

YEARLY LOW

0.0061 CHF

YEARLY AVERAGE

0.0064 CHF

2024 ISK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.0066. Conversely, the yearly low was recorded on September 4, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0005 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0064, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0066 was down 1.42% compared to the 2023 peak of 0.0067, 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 33 CHF

2023 Average 33 CHF

Yearly Trough Low 31 CHF

Transaction Impact: A difference of 2.69 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0066

0.0062

JanuMarcMayJulySeptNove

ISK to CHF 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 0.0064, compared to 0.0063 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) 0.0064

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0003 CHF (High: 0.0064 / Low: 0.0062). On the other end, October was the most stable month, with a tight range of 0.0001 CHF (High: 0.0063 / Low: 0.0062).

January Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0065) against the same month in 2023 (average: 0.0065), the exchange rate shifted by +0.0001 (+0.96%).

2024 Avg (May) 0.0065

2023 Avg (May) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0062	0.0063
February	0.0064	0.0063	0.0064
March	0.0066	0.0064	0.0065
April	0.0065	0.0064	0.0065
May	0.0066	0.0065	0.0065
June	0.0066	0.0064	0.0064
July	0.0066	0.0064	0.0065
August	0.0063	0.0061	0.0062
September	0.0063	0.0061	0.0062
October	0.0063	0.0062	0.0063
November	0.0065	0.0063	0.0064
December	0.0065	0.0064	0.0064