2024 ISK to SCR Historical Review

YEARLY HIGH

0.1099 SCR

YEARLY LOW

0.0937 SCR

YEARLY AVERAGE

0.0991 SCR

2024 ISK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.1099. Conversely, the yearly low was recorded on August 27, dropping to 0.0937.

This high-to-low spread represents a total annual volatility of 0.0162 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0977 to the December average rate of 0.1018, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1099 was up 2.02% compared to the 2023 peak of 0.1078, 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 550 SCR

2023 Average 488 SCR

Yearly Trough Low 469 SCR

Transaction Impact: A difference of 81.00 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1023

0.0964

JanuMarcMayJulySeptNove

ISK to SCR 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 0.0982, compared to 0.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0982

H2 Avg (Jul–Dec) 0.1000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0151 SCR (High: 0.1089 / Low: 0.0937). On the other end, May was the most stable month, with a tight range of 0.0045 SCR (High: 0.1004 / Low: 0.0960).

August Spread (Volatile) ±0.0151

May Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1002) against the same month in 2023 (average: 0.0962), the exchange rate shifted by +0.0041 (+4.24%).

2024 Avg (October) 0.1002

2023 Avg (October) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1010	0.0951	0.0977
February	0.1001	0.0949	0.0977
March	0.1048	0.0970	0.0991
April	0.1017	0.0947	0.0969
May	0.1004	0.0960	0.0984
June	0.1052	0.0971	0.0996
July	0.1027	0.0974	0.1002
August	0.1089	0.0937	0.0997
September	0.1032	0.0949	0.0982
October	0.1099	0.0950	0.1002
November	0.1038	0.0964	0.0996
December	0.1094	0.0959	0.1018