2024 ISK to MDL Historical Review

YEARLY HIGH

0.1334 MDL

YEARLY LOW

0.1244 MDL

YEARLY AVERAGE

0.1285 MDL

2024 ISK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1334. Conversely, the yearly low was recorded on April 14, dropping to 0.1244.

This high-to-low spread represents a total annual volatility of 0.0090 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1287 to the December average rate of 0.1321, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1334 was down 3.59% compared to the 2023 peak of 0.1384, 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 667 MDL

2023 Average 656 MDL

Yearly Trough Low 622 MDL

Transaction Impact: A difference of 44.89 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1327

0.1258

JanuMarcMayJulySeptNove

ISK to MDL 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 0.1280, compared to 0.1291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1280

H2 Avg (Jul–Dec) 0.1291

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0049 MDL (High: 0.1305 / Low: 0.1256). On the other end, July was the most stable month, with a tight range of 0.0018 MDL (High: 0.1293 / Low: 0.1275).

January Spread (Volatile) ±0.0049

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1307) against the same month in 2023 (average: 0.1276), the exchange rate shifted by +0.0031 (+2.43%).

2024 Avg (November) 0.1307

2023 Avg (November) 0.1276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1305	0.1256	0.1287
February	0.1303	0.1276	0.1292
March	0.1304	0.1264	0.1287
April	0.1274	0.1244	0.1264
May	0.1284	0.1256	0.1272
June	0.1291	0.1266	0.1277
July	0.1293	0.1275	0.1286
August	0.1283	0.1249	0.1269
September	0.1294	0.1247	0.1269
October	0.1305	0.1277	0.1292
November	0.1334	0.1286	0.1307
December	0.1332	0.1308	0.1321