2024 ISK to DKK Historical Review

YEARLY HIGH

0.0518 DKK

YEARLY LOW

0.0486 DKK

YEARLY AVERAGE

0.0500 DKK

2024 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0518. Conversely, the yearly low was recorded on September 4, dropping to 0.0486.

This high-to-low spread represents a total annual volatility of 0.0032 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0499 to the December average rate of 0.0514, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0518 was down 1.19% compared to the 2023 peak of 0.0525, 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 259 DKK

2023 Average 250 DKK

Yearly Trough Low 243 DKK

Transaction Impact: A difference of 16.16 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0516

0.0488

JanuMarcMayJulySeptNove

ISK to DKK 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 0.0499, compared to 0.0501 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) 0.0499

H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 DKK (High: 0.0516 / Low: 0.0500). On the other end, June was the most stable month, with a tight range of 0.0003 DKK (High: 0.0502 / Low: 0.0498).

November Spread (Volatile) ±0.0016

June Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0514) against the same month in 2023 (average: 0.0495), the exchange rate shifted by +0.0018 (+3.69%).

2024 Avg (December) 0.0514

2023 Avg (December) 0.0495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0507	0.0495	0.0499
February	0.0504	0.0498	0.0501
March	0.0505	0.0496	0.0500
April	0.0499	0.0495	0.0496
May	0.0502	0.0496	0.0497
June	0.0502	0.0498	0.0500
July	0.0501	0.0498	0.0499
August	0.0498	0.0488	0.0491
September	0.0496	0.0486	0.0490
October	0.0502	0.0498	0.0500
November	0.0516	0.0500	0.0509
December	0.0518	0.0510	0.0514