YEARLY HIGH
164.1145 LAK
YEARLY LOW
149.2039 LAK
YEARLY AVERAGE
156.4569 LAK

2024 ISK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 164.1145. Conversely, the yearly low was recorded on January 3, dropping to 149.2039.

This high-to-low spread represents a total annual volatility of 14.9106 LAK. From a start-to-finish perspective, comparing the January average rate of 150.8231 to the December average rate of 157.8447, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 164.1145 was up 8.31% compared to the 2023 peak of 151.5229, 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 820,572 LAK
2023 Average 679,073 LAK
Yearly Trough Low 746,019 LAK
Transaction Impact: A difference of 74,553.02 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

162.4830
149.7631
JanuMarcMayJulySeptNove

ISK to LAK 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 152.8702, compared to 160.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1734 points.

H1 Avg (Jan–Jun) 152.8702
H2 Avg (Jul–Dec) 160.0436

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 5.0325 LAK (High: 164.1145 / Low: 159.0820). On the other end, February was the most stable month, with a tight range of 2.6010 LAK (High: 152.7392 / Low: 150.1382).

September Spread (Volatile) ±5.0325
February Spread (Stable) ±2.6010

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 October and November, when the average rate fell by 1.7235 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 161.4230) against the same month in 2023 (average: 147.2439), the exchange rate shifted by +14.1791 (+9.63%).

2024 Avg (September) 161.4230
2023 Avg (September) 147.2439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 152.9510 149.2039 150.8231
February 152.7392 150.1382 151.3482
March 154.6235 150.4849 152.5061
April 152.5326 149.7461 151.4582
May 156.4548 152.2701 153.8825
June 159.2073 155.6277 157.2033
July 162.0147 159.0222 160.7460
August 162.0798 159.4158 160.5771
September 164.1145 159.0820 161.4230
October 163.7353 158.7356 160.6972
November 160.9710 157.1276 158.9736
December 159.6022 156.4855 157.8447