2024 ISK to RUB Historical Review

YEARLY HIGH

0.8258 RUB

YEARLY LOW

0.6002 RUB

YEARLY AVERAGE

0.6729 RUB

2024 ISK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.8258. Conversely, the yearly low was recorded on June 19, dropping to 0.6002.

This high-to-low spread represents a total annual volatility of 0.2256 RUB. From a start-to-finish perspective, comparing the January average rate of 0.6526 to the December average rate of 0.7484, the exchange rate registered a net change of 14.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8258 was up 8.88% compared to the 2023 peak of 0.7585, 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 4,129 RUB

2023 Average 3,109 RUB

Yearly Trough Low 3,001 RUB

Transaction Impact: A difference of 1,127.88 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7599

0.6228

JanuMarcMayJulySeptNove

ISK to RUB 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 0.6573, compared to 0.6884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.6573

H2 Avg (Jul–Dec) 0.6884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1337 RUB (High: 0.8258 / Low: 0.6921). On the other end, April was the most stable month, with a tight range of 0.0140 RUB (High: 0.6697 / Low: 0.6557).

November Spread (Volatile) ±0.1337

April Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0210 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7312) against the same month in 2023 (average: 0.6476), the exchange rate shifted by +0.0836 (+12.91%).

2024 Avg (November) 0.7312

2023 Avg (November) 0.6476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6670	0.6420	0.6526
February	0.6879	0.6569	0.6668
March	0.6794	0.6624	0.6695
April	0.6697	0.6557	0.6630
May	0.6684	0.6446	0.6565
June	0.6581	0.6002	0.6356
July	0.6476	0.6169	0.6342
August	0.6718	0.6154	0.6461
September	0.6976	0.6316	0.6670
October	0.7146	0.6924	0.7036
November	0.8258	0.6921	0.7312
December	0.8181	0.7163	0.7484