2024 ISK to CZK Historical Review

YEARLY HIGH

0.1751 CZK

YEARLY LOW

0.1628 CZK

YEARLY AVERAGE

0.1683 CZK

2024 ISK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.1751. Conversely, the yearly low was recorded on January 8, dropping to 0.1628.

This high-to-low spread represents a total annual volatility of 0.0123 CZK. From a start-to-finish perspective, comparing the January average rate of 0.1655 to the December average rate of 0.1730, the exchange rate registered a net change of 4.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1751 was up 2.46% compared to the 2023 peak of 0.1709, 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 875 CZK

2023 Average 805 CZK

Yearly Trough Low 814 CZK

Transaction Impact: A difference of 61.54 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1738

0.1642

JanuMarcMayJulySeptNove

ISK to CZK 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 0.1674, compared to 0.1692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1674

H2 Avg (Jul–Dec) 0.1692

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0057 CZK (High: 0.1685 / Low: 0.1628). On the other end, October was the most stable month, with a tight range of 0.0021 CZK (High: 0.1708 / Low: 0.1687).

January Spread (Volatile) ±0.0057

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1725) against the same month in 2023 (average: 0.1617), the exchange rate shifted by +0.0108 (+6.69%).

2024 Avg (November) 0.1725

2023 Avg (November) 0.1617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1685	0.1628	0.1655
February	0.1713	0.1678	0.1698
March	0.1715	0.1680	0.1696
April	0.1694	0.1669	0.1681
May	0.1675	0.1643	0.1654
June	0.1684	0.1640	0.1661
July	0.1703	0.1681	0.1692
August	0.1688	0.1636	0.1658
September	0.1676	0.1632	0.1650
October	0.1708	0.1687	0.1697
November	0.1751	0.1698	0.1725
December	0.1751	0.1715	0.1730