2024 ISK to LBP Historical Review

YEARLY HIGH

664.2724 LBP

YEARLY LOW

108.1416 LBP

YEARLY AVERAGE

571.1073 LBP

2024 ISK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 664.2724. Conversely, the yearly low was recorded on February 14, dropping to 108.1416.

This high-to-low spread represents a total annual volatility of 556.1308 LBP. From a start-to-finish perspective, comparing the January average rate of 109.7879 to the December average rate of 645.5193, the exchange rate registered a net change of 487.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 664.2724 was up 473.46% compared to the 2023 peak of 115.8361, 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 3,321,362 LBP

2023 Average 499,916 LBP

Yearly Trough Low 540,708 LBP

Transaction Impact: A difference of 2,780,653.97 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

709.5630

55.2629

JanuMarcMayJulySeptNove

ISK to LBP 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 491.6211, compared to 650.5936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 158.9725 points.

H1 Avg (Jan–Jun) 491.6211

H2 Avg (Jul–Dec) 650.5936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 543.6237 LBP (High: 651.7653 / Low: 108.1416). On the other end, January was the most stable month, with a tight range of 2.3030 LBP (High: 111.1676 / Low: 108.8646).

February Spread (Volatile) ±543.6237

January Spread (Stable) ±2.3030

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 14.3915 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -14.3915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 654.2154) against the same month in 2023 (average: 111.2550), the exchange rate shifted by +542.9604 (+488.03%).

2024 Avg (September) 654.2154

2023 Avg (September) 111.2550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	111.1676	108.8646	109.7879
February	651.7653	108.1416	258.3284
March	663.2154	642.3754	652.6648
April	646.2720	630.5412	638.2733
May	652.3180	639.5971	644.9649
June	653.0466	640.7033	645.7072
July	655.0140	644.8013	650.1190
August	657.1995	644.3193	649.6301
September	664.2724	644.7336	654.2154
October	662.7068	647.7567	655.0380
November	657.6616	641.1140	649.0398
December	651.9208	640.6215	645.5193