2024 ISK to HUF Historical Review

YEARLY HIGH

2.8701 HUF

YEARLY LOW

2.5056 HUF

YEARLY AVERAGE

2.6497 HUF

2024 ISK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.8701. Conversely, the yearly low was recorded on January 8, dropping to 2.5056.

This high-to-low spread represents a total annual volatility of 0.3646 HUF. From a start-to-finish perspective, comparing the January average rate of 2.5582 to the December average rate of 2.8369, the exchange rate registered a net change of 10.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8701 was up 5.60% compared to the 2023 peak of 2.7179, 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 14,351 HUF

2023 Average 12,804 HUF

Yearly Trough Low 12,528 HUF

Transaction Impact: A difference of 1,822.76 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8648

2.5303

JanuMarcMayJulySeptNove

ISK to HUF 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 2.6087, compared to 2.6908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0820 points.

H1 Avg (Jan–Jun) 2.6087

H2 Avg (Jul–Dec) 2.6908

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1266 HUF (High: 2.8549 / Low: 2.7283). On the other end, April was the most stable month, with a tight range of 0.0375 HUF (High: 2.6272 / Low: 2.5897).

November Spread (Volatile) ±0.1266

April Spread (Stable) ±0.0375

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 March and April, when the average rate fell by 0.0378 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8369) against the same month in 2023 (average: 2.5359), the exchange rate shifted by +0.3010 (+11.87%).

2024 Avg (December) 2.8369

2023 Avg (December) 2.5359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6233	2.5056	2.5582
February	2.6358	2.5852	2.6097
March	2.6905	2.6215	2.6492
April	2.6272	2.5897	2.6114
May	2.6191	2.5597	2.5811
June	2.6760	2.6040	2.6427
July	2.6484	2.5991	2.6258
August	2.6468	2.5656	2.5997
September	2.6386	2.5609	2.5955
October	2.7463	2.6549	2.6959
November	2.8549	2.7283	2.7907
December	2.8701	2.8031	2.8369