2024 ISK to JOD Historical Review

YEARLY HIGH

0.0053 JOD

YEARLY LOW

0.0050 JOD

YEARLY AVERAGE

0.0051 JOD

2024 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0053. Conversely, the yearly low was recorded on April 16, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0051, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0053 was down 3.32% compared to the 2023 peak of 0.0054, 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 26 JOD

2023 Average 26 JOD

Yearly Trough Low 25 JOD

Transaction Impact: A difference of 1.33 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0052

0.0050

JanuMarcMayJulySeptNove

ISK to JOD 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 0.0051, compared to 0.0051 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) 0.0051

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 JOD (High: 0.0052 / Low: 0.0051). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.0052 / Low: 0.0051).

March Spread (Volatile) ±0.0002

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0052) against the same month in 2023 (average: 0.0052), the exchange rate shifted by -0.0001 (-1.17%).

2024 Avg (September) 0.0052

2023 Avg (September) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0053	0.0051	0.0052
February	0.0052	0.0051	0.0051
March	0.0052	0.0051	0.0052
April	0.0051	0.0050	0.0051
May	0.0052	0.0051	0.0051
June	0.0052	0.0051	0.0051
July	0.0052	0.0051	0.0051
August	0.0052	0.0051	0.0051
September	0.0053	0.0051	0.0052
October	0.0052	0.0051	0.0052
November	0.0052	0.0051	0.0051
December	0.0052	0.0051	0.0051