2024 ISK to PYG Historical Review

YEARLY HIGH

58.1534 PYG

YEARLY LOW

52.1140 PYG

YEARLY AVERAGE

54.7893 PYG

2024 ISK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 58.1534. Conversely, the yearly low was recorded on April 16, dropping to 52.1140.

This high-to-low spread represents a total annual volatility of 6.0394 PYG. From a start-to-finish perspective, comparing the January average rate of 53.1906 to the December average rate of 56.2905, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.1534 was up 4.10% compared to the 2023 peak of 55.8635, 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 290,767 PYG

2023 Average 264,454 PYG

Yearly Trough Low 260,570 PYG

Transaction Impact: A difference of 30,196.85 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.0155

52.2555

JanuMarcMayJulySeptNove

ISK to PYG 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 53.4096, compared to 56.1689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7593 points.

H1 Avg (Jan–Jun) 53.4096

H2 Avg (Jul–Dec) 56.1689

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 2.5946 PYG (High: 57.9373 / Low: 55.3426). On the other end, July was the most stable month, with a tight range of 0.9629 PYG (High: 55.2464 / Low: 54.2835).

September Spread (Volatile) ±2.5946

July Spread (Stable) ±0.9629

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8818 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.8818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 57.5355) against the same month in 2023 (average: 53.1843), the exchange rate shifted by +4.3512 (+8.18%).

2024 Avg (October) 57.5355

2023 Avg (October) 53.1843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.8580	52.5970	53.1906
February	53.5378	52.4591	52.8937
March	53.9645	52.7615	53.3120
April	53.1943	52.1140	52.7355
May	54.9595	53.3790	54.0401
June	54.8780	53.8559	54.2857
July	55.2464	54.2835	54.8193
August	55.7616	54.4107	55.0274
September	57.9373	55.3426	56.6872
October	58.1534	56.9068	57.5355
November	57.5483	55.8754	56.6537
December	56.9534	55.8056	56.2905