2024 ISK to TWD Historical Review

YEARLY HIGH

0.2388 TWD

YEARLY LOW

0.2243 TWD

YEARLY AVERAGE

0.2327 TWD

2024 ISK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.2388. Conversely, the yearly low was recorded on January 2, dropping to 0.2243.

This high-to-low spread represents a total annual volatility of 0.0145 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2278 to the December average rate of 0.2349, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2388 was down 2.16% compared to the 2023 peak of 0.2440, 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 1,194 TWD

2023 Average 1,131 TWD

Yearly Trough Low 1,122 TWD

Transaction Impact: A difference of 72.26 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2379

0.2269

JanuMarcMayJulySeptNove

ISK to TWD 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 0.2306, compared to 0.2347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2306

H2 Avg (Jul–Dec) 0.2347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0081 TWD (High: 0.2324 / Low: 0.2243). On the other end, February was the most stable month, with a tight range of 0.0041 TWD (High: 0.2303 / Low: 0.2263).

January Spread (Volatile) ±0.0081

February Spread (Stable) ±0.0041

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 July and August, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2370) against the same month in 2023 (average: 0.2351), the exchange rate shifted by +0.0019 (+0.79%).

2024 Avg (July) 0.2370

2023 Avg (July) 0.2351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2324	0.2243	0.2278
February	0.2303	0.2263	0.2282
March	0.2340	0.2286	0.2309
April	0.2327	0.2280	0.2306
May	0.2363	0.2310	0.2327
June	0.2364	0.2317	0.2335
July	0.2388	0.2343	0.2370
August	0.2379	0.2310	0.2340
September	0.2366	0.2311	0.2334
October	0.2380	0.2314	0.2346
November	0.2380	0.2324	0.2343
December	0.2372	0.2328	0.2349