YEARLY HIGH
0.0339 PLN
YEARLY LOW
0.0278 PLN
YEARLY AVERAGE
0.0289 PLN

2024 ISK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0339. Conversely, the yearly low was recorded on September 4, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0060 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0294, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0339 was up 4.50% compared to the 2023 peak of 0.0324, 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 169 PLN
2023 Average 152 PLN
Yearly Trough Low 139 PLN
Transaction Impact: A difference of 30.15 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0297
0.0280
JanuMarcMayJulySeptNove

ISK to PLN 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 0.0289, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0289
H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0051 PLN (High: 0.0339 / Low: 0.0288). On the other end, July was the most stable month, with a tight range of 0.0005 PLN (High: 0.0290 / Low: 0.0285).

January Spread (Volatile) ±0.0051
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0294) against the same month in 2023 (average: 0.0303), the exchange rate shifted by -0.0010 (-3.21%).

2024 Avg (January) 0.0294
2023 Avg (January) 0.0303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0339 0.0288 0.0294
February 0.0294 0.0288 0.0291
March 0.0292 0.0286 0.0289
April 0.0290 0.0283 0.0286
May 0.0288 0.0283 0.0285
June 0.0294 0.0286 0.0290
July 0.0290 0.0285 0.0286
August 0.0287 0.0279 0.0283
September 0.0285 0.0278 0.0281
October 0.0293 0.0286 0.0290
November 0.0299 0.0291 0.0295
December 0.0297 0.0292 0.0294