2024 ISK to CNY Historical Review

YEARLY HIGH

0.0532 CNY

YEARLY LOW

0.0503 CNY

YEARLY AVERAGE

0.0520 CNY

2024 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0532. Conversely, the yearly low was recorded on April 21, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0029 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0525, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0532 was down 4.76% compared to the 2023 peak of 0.0559, 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 266 CNY

2023 Average 257 CNY

Yearly Trough Low 251 CNY

Transaction Impact: A difference of 14.66 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0528

0.0514

JanuMarcMayJulySeptNove

ISK to CNY 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 0.0519, compared to 0.0521 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) 0.0519

H2 Avg (Jul–Dec) 0.0521

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0021 CNY (High: 0.0527 / Low: 0.0506). On the other end, October was the most stable month, with a tight range of 0.0007 CNY (High: 0.0522 / Low: 0.0515).

May Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0525) against the same month in 2023 (average: 0.0493), the exchange rate shifted by +0.0032 (+6.47%).

2024 Avg (March) 0.0525

2023 Avg (March) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0527	0.0515	0.0519
February	0.0524	0.0515	0.0520
March	0.0532	0.0519	0.0525
April	0.0523	0.0503	0.0515
May	0.0527	0.0506	0.0516
June	0.0528	0.0510	0.0520
July	0.0531	0.0521	0.0527
August	0.0523	0.0513	0.0519
September	0.0521	0.0512	0.0517
October	0.0522	0.0515	0.0518
November	0.0531	0.0517	0.0522
December	0.0528	0.0521	0.0525