YEARLY HIGH
155.5255 SLL
YEARLY LOW
147.6413 SLL
YEARLY AVERAGE
152.0037 SLL

2024 ISK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 155.5255. Conversely, the yearly low was recorded on April 16, dropping to 147.6413.

This high-to-low spread represents a total annual volatility of 7.8841 SLL. From a start-to-finish perspective, comparing the January average rate of 153.1698 to the December average rate of 151.2051, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 155.5255 was down 3.30% compared to the 2023 peak of 160.8337, 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 777,627 SLL
2023 Average 693,159 SLL
Yearly Trough Low 738,207 SLL
Transaction Impact: A difference of 39,420.67 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

153.6392
149.1320
JanuMarcMayJulySeptNove

ISK to SLL 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 151.6709, compared to 152.3366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6657 points.

H1 Avg (Jan–Jun) 151.6709
H2 Avg (Jul–Dec) 152.3366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.7035 SLL (High: 155.2491 / Low: 150.5456). On the other end, July was the most stable month, with a tight range of 2.4640 SLL (High: 153.4541 / Low: 150.9901).

March Spread (Volatile) ±4.7035
July Spread (Stable) ±2.4640

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 3.3357 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.3357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 153.1574) against the same month in 2023 (average: 154.9783), the exchange rate shifted by -1.8209 (-1.17%).

2024 Avg (September) 153.1574
2023 Avg (September) 154.9783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 155.2170 152.0300 153.1698
February 153.9611 151.0118 152.2457
March 155.2491 150.5456 152.8432
April 151.5466 147.6413 149.5076
May 152.7387 149.6966 151.0809
June 152.9839 150.1898 151.1781
July 153.4541 150.9901 152.2712
August 153.8933 150.8706 152.2250
September 155.5255 150.9357 153.1574
October 154.9967 151.6342 153.2636
November 153.9837 150.1253 151.8972
December 152.5720 149.9964 151.2051