2024 ISK to NZD Historical Review

YEARLY HIGH

0.0129 NZD

YEARLY LOW

0.0116 NZD

YEARLY AVERAGE

0.0120 NZD

2024 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0129. Conversely, the yearly low was recorded on September 1, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0126, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was down 0.18% compared to the 2023 peak of 0.0129, 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 64 NZD

2023 Average 59 NZD

Yearly Trough Low 58 NZD

Transaction Impact: A difference of 6.47 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0127

0.0116

JanuMarcMayJulySeptNove

ISK to NZD 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 0.0119, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0007 NZD (High: 0.0122 / Low: 0.0116). On the other end, June was the most stable month, with a tight range of 0.0002 NZD (High: 0.0118 / Low: 0.0117).

August Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0126) against the same month in 2023 (average: 0.0116), the exchange rate shifted by +0.0009 (+7.91%).

2024 Avg (December) 0.0126

2023 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0121	0.0116	0.0118
February	0.0120	0.0117	0.0118
March	0.0122	0.0119	0.0120
April	0.0121	0.0119	0.0120
May	0.0120	0.0118	0.0119
June	0.0118	0.0117	0.0118
July	0.0123	0.0118	0.0120
August	0.0122	0.0116	0.0119
September	0.0118	0.0116	0.0117
October	0.0122	0.0118	0.0120
November	0.0125	0.0121	0.0123
December	0.0129	0.0122	0.0126