2024 ISK to GMD Historical Review

YEARLY HIGH

0.5250 GMD

YEARLY LOW

0.4782 GMD

YEARLY AVERAGE

0.4988 GMD

2024 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.5250. Conversely, the yearly low was recorded on April 16, dropping to 0.4782.

This high-to-low spread represents a total annual volatility of 0.0468 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4915 to the December average rate of 0.5178, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5250 was up 5.72% compared to the 2023 peak of 0.4966, 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 2,625 GMD

2023 Average 2,260 GMD

Yearly Trough Low 2,391 GMD

Transaction Impact: A difference of 233.98 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5212

0.4807

JanuMarcMayJulySeptNove

ISK to GMD 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 0.4897, compared to 0.5079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.4897

H2 Avg (Jul–Dec) 0.5079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0225 GMD (High: 0.5190 / Low: 0.4965). On the other end, February was the most stable month, with a tight range of 0.0073 GMD (High: 0.4949 / Low: 0.4875).

August Spread (Volatile) ±0.0225

February Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0111 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5154) against the same month in 2023 (average: 0.4783), the exchange rate shifted by +0.0371 (+7.76%).

2024 Avg (November) 0.5154

2023 Avg (November) 0.4783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4978	0.4874	0.4915
February	0.4949	0.4875	0.4908
March	0.5029	0.4876	0.4951
April	0.4909	0.4782	0.4841
May	0.4935	0.4838	0.4883
June	0.4943	0.4852	0.4885
July	0.5025	0.4878	0.4925
August	0.5190	0.4965	0.5070
September	0.5180	0.5001	0.5081
October	0.5172	0.4982	0.5064
November	0.5250	0.5083	0.5154
December	0.5222	0.5117	0.5178