2024 ISK to SBD Historical Review

YEARLY HIGH

0.0644 SBD

YEARLY LOW

0.0598 SBD

YEARLY AVERAGE

0.0611 SBD

2024 ISK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0644. Conversely, the yearly low was recorded on April 20, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.0046 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0615 to the December average rate of 0.0604, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0644 was up 0.27% compared to the 2023 peak of 0.0642, 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 322 SBD

2023 Average 303 SBD

Yearly Trough Low 299 SBD

Transaction Impact: A difference of 23.06 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0618

0.0603

JanuMarcMayJulySeptNove

ISK to SBD 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 0.0612, compared to 0.0609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0612

H2 Avg (Jul–Dec) 0.0609

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0036 SBD (High: 0.0644 / Low: 0.0608). On the other end, December was the most stable month, with a tight range of 0.0009 SBD (High: 0.0609 / Low: 0.0600).

March Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0617) against the same month in 2023 (average: 0.0588), the exchange rate shifted by +0.0029 (+4.90%).

2024 Avg (March) 0.0617

2023 Avg (March) 0.0588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0625	0.0609	0.0615
February	0.0619	0.0608	0.0614
March	0.0644	0.0608	0.0617
April	0.0613	0.0598	0.0605
May	0.0618	0.0605	0.0611
June	0.0618	0.0605	0.0610
July	0.0619	0.0608	0.0614
August	0.0626	0.0610	0.0616
September	0.0616	0.0603	0.0609
October	0.0613	0.0599	0.0607
November	0.0615	0.0599	0.0606
December	0.0609	0.0600	0.0604