2024 ISK to SEK Historical Review

YEARLY HIGH

0.0800 SEK

YEARLY LOW

0.0740 SEK

YEARLY AVERAGE

0.0766 SEK

2024 ISK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0800. Conversely, the yearly low was recorded on September 2, dropping to 0.0740.

This high-to-low spread represents a total annual volatility of 0.0060 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0756 to the December average rate of 0.0793, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0800 was down 4.57% compared to the 2023 peak of 0.0838, 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 400 SEK

2023 Average 385 SEK

Yearly Trough Low 370 SEK

Transaction Impact: A difference of 29.96 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0797

0.0742

JanuMarcMayJulySeptNove

ISK to SEK 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 0.0763, compared to 0.0770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0763

H2 Avg (Jul–Dec) 0.0770

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0036 SEK (High: 0.0786 / Low: 0.0749). On the other end, December was the most stable month, with a tight range of 0.0010 SEK (High: 0.0798 / Low: 0.0789).

July Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0789) against the same month in 2023 (average: 0.0763), the exchange rate shifted by +0.0025 (+3.30%).

2024 Avg (November) 0.0789

2023 Avg (November) 0.0763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0774	0.0741	0.0756
February	0.0769	0.0745	0.0758
March	0.0773	0.0748	0.0760
April	0.0784	0.0760	0.0772
May	0.0781	0.0766	0.0774
June	0.0766	0.0751	0.0758
July	0.0786	0.0749	0.0772
August	0.0772	0.0741	0.0755
September	0.0753	0.0740	0.0747
October	0.0781	0.0758	0.0766
November	0.0800	0.0771	0.0789
December	0.0798	0.0789	0.0793