2024 ISK to SYP Historical Review

YEARLY HIGH

94.0198 SYP

YEARLY LOW

17.6901 SYP

YEARLY AVERAGE

20.4437 SYP

2024 ISK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 94.0198. Conversely, the yearly low was recorded on April 16, dropping to 17.6901.

This high-to-low spread represents a total annual volatility of 76.3297 SYP. From a start-to-finish perspective, comparing the January average rate of 18.3525 to the December average rate of 44.8878, the exchange rate registered a net change of 144.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 94.0198 was up 387.89% compared to the 2023 peak of 19.2708, 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 470,099 SYP

2023 Average 91,183 SYP

Yearly Trough Low 88,451 SYP

Transaction Impact: A difference of 381,648.39 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.5852

15.2163

JanuMarcMayJulySeptNove

ISK to SYP 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 18.1729, compared to 22.7145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5415 points.

H1 Avg (Jan–Jun) 18.1729

H2 Avg (Jul–Dec) 22.7145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 76.0475 SYP (High: 94.0198 / Low: 17.9723). On the other end, July was the most stable month, with a tight range of 0.2952 SYP (High: 18.3866 / Low: 18.0914).

December Spread (Volatile) ±76.0475

July Spread (Stable) ±0.2952

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 0.3997 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 44.8878) against the same month in 2023 (average: 18.2284), the exchange rate shifted by +26.6594 (+146.25%).

2024 Avg (December) 44.8878

2023 Avg (December) 18.2284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5978	18.2160	18.3525
February	18.4474	18.0940	18.2418
March	18.6017	18.0381	18.3134
April	18.1581	17.6901	17.9137
May	18.3009	17.9364	18.1023
June	18.3303	17.9955	18.1139
July	18.3866	18.0914	18.2449
August	18.4392	18.0771	18.2393
September	18.6348	18.0849	18.3511
October	18.5714	18.1686	18.3638
November	18.4501	17.9878	18.2001
December	94.0198	17.9723	44.8878