2024 ISK to TJS Historical Review

YEARLY HIGH

0.0811 TJS

YEARLY LOW

0.0760 TJS

YEARLY AVERAGE

0.0782 TJS

2024 ISK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0811. Conversely, the yearly low was recorded on August 4, dropping to 0.0760.

This high-to-low spread represents a total annual volatility of 0.0051 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0787, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0811 was down 3.86% compared to the 2023 peak of 0.0843, 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 405 TJS

2023 Average 392 TJS

Yearly Trough Low 380 TJS

Transaction Impact: A difference of 25.40 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0801

0.0767

JanuMarcMayJulySeptNove

ISK to TJS 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 0.0787, compared to 0.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0787

H2 Avg (Jul–Dec) 0.0776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0032 TJS (High: 0.0794 / Low: 0.0762). On the other end, July was the most stable month, with a tight range of 0.0013 TJS (High: 0.0779 / Low: 0.0766).

November Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0798) against the same month in 2023 (average: 0.0755), the exchange rate shifted by +0.0043 (+5.66%).

2024 Avg (March) 0.0798

2023 Avg (March) 0.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0807	0.0791	0.0798
February	0.0804	0.0789	0.0795
March	0.0811	0.0785	0.0798
April	0.0790	0.0770	0.0780
May	0.0788	0.0775	0.0781
June	0.0783	0.0760	0.0771
July	0.0779	0.0766	0.0772
August	0.0781	0.0760	0.0770
September	0.0789	0.0766	0.0778
October	0.0788	0.0768	0.0779
November	0.0794	0.0762	0.0773
December	0.0795	0.0779	0.0787