2024 ISK to THB Historical Review

YEARLY HIGH

0.2676 THB

YEARLY LOW

0.2394 THB

YEARLY AVERAGE

0.2556 THB

2024 ISK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.2676. Conversely, the yearly low was recorded on September 27, dropping to 0.2394.

This high-to-low spread represents a total annual volatility of 0.0282 THB. From a start-to-finish perspective, comparing the January average rate of 0.2569 to the December average rate of 0.2463, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2676 was down 0.74% compared to the 2023 peak of 0.2696, 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 1,338 THB

2023 Average 1,262 THB

Yearly Trough Low 1,197 THB

Transaction Impact: A difference of 141.05 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2668

0.2408

JanuMarcMayJulySeptNove

ISK to THB 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 0.2616, compared to 0.2496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.2616

H2 Avg (Jul–Dec) 0.2496

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0142 THB (High: 0.2631 / Low: 0.2489). On the other end, February was the most stable month, with a tight range of 0.0042 THB (High: 0.2620 / Low: 0.2578).

January Spread (Volatile) ±0.0142

February Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0111 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.2646) against the same month in 2023 (average: 0.2530), the exchange rate shifted by +0.0117 (+4.61%).

2024 Avg (June) 0.2646

2023 Avg (June) 0.2530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2631	0.2489	0.2569
February	0.2620	0.2578	0.2602
March	0.2657	0.2592	0.2619
April	0.2653	0.2568	0.2621
May	0.2672	0.2609	0.2637
June	0.2676	0.2624	0.2646
July	0.2655	0.2567	0.2631
August	0.2584	0.2457	0.2520
September	0.2468	0.2394	0.2429
October	0.2479	0.2403	0.2440
November	0.2537	0.2461	0.2493
December	0.2499	0.2434	0.2463