2024 ISK to KGS Historical Review

YEARLY HIGH

0.6625 KGS

YEARLY LOW

0.6047 KGS

YEARLY AVERAGE

0.6316 KGS

2024 ISK to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.6625. Conversely, the yearly low was recorded on August 1, dropping to 0.6047.

This high-to-low spread represents a total annual volatility of 0.0579 KGS. From a start-to-finish perspective, comparing the January average rate of 0.6520 to the December average rate of 0.6267, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6625 was down 2.12% compared to the 2023 peak of 0.6769, 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 3,313 KGS

2023 Average 3,188 KGS

Yearly Trough Low 3,023 KGS

Transaction Impact: A difference of 289.30 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6558

0.6123

JanuMarcMayJulySeptNove

ISK to KGS 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 0.6420, compared to 0.6212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.6420

H2 Avg (Jul–Dec) 0.6212

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0228 KGS (High: 0.6275 / Low: 0.6047). On the other end, May was the most stable month, with a tight range of 0.0079 KGS (High: 0.6399 / Low: 0.6320).

August Spread (Volatile) ±0.0228

May Spread (Stable) ±0.0079

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 0.0171 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.6521) against the same month in 2023 (average: 0.6249), the exchange rate shifted by +0.0272 (+4.36%).

2024 Avg (March) 0.6521

2023 Avg (March) 0.6249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6611	0.6459	0.6520
February	0.6558	0.6440	0.6492
March	0.6625	0.6423	0.6521
April	0.6444	0.6274	0.6350
May	0.6399	0.6320	0.6358
June	0.6398	0.6202	0.6279
July	0.6240	0.6076	0.6175
August	0.6275	0.6047	0.6183
September	0.6245	0.6087	0.6159
October	0.6278	0.6183	0.6235
November	0.6344	0.6183	0.6255
December	0.6315	0.6222	0.6267