2024 ISK to EUR Historical Review

YEARLY HIGH

0.0069 EUR

YEARLY LOW

0.0065 EUR

YEARLY AVERAGE

0.0067 EUR

2024 ISK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0069. Conversely, the yearly low was recorded on September 4, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0004 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0069, 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 0.0069 was down 1.25% compared to the 2023 peak of 0.0070, 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 35 EUR

2023 Average 34 EUR

Yearly Trough Low 33 EUR

Transaction Impact: A difference of 2.17 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0069

0.0065

JanuMarcMayJulySeptNove

ISK to EUR 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 0.0067, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 EUR (High: 0.0069 / Low: 0.0067). On the other end, June was the most stable month, with a tight range of 0.0000 EUR (High: 0.0067 / Low: 0.0067).

November Spread (Volatile) ±0.0002

June Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0069) against the same month in 2023 (average: 0.0066), the exchange rate shifted by +0.0002 (+3.67%).

2024 Avg (December) 0.0069

2023 Avg (December) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0066	0.0067
February	0.0068	0.0067	0.0067
March	0.0068	0.0067	0.0067
April	0.0067	0.0066	0.0066
May	0.0067	0.0066	0.0067
June	0.0067	0.0067	0.0067
July	0.0067	0.0067	0.0067
August	0.0067	0.0065	0.0066
September	0.0066	0.0065	0.0066
October	0.0067	0.0067	0.0067
November	0.0069	0.0067	0.0068
December	0.0069	0.0068	0.0069