2024 ISK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |