2024 ISK to UAH Historical Review

YEARLY HIGH

0.3065 UAH

YEARLY LOW

0.2723 UAH

YEARLY AVERAGE

0.2912 UAH

2024 ISK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.3065. Conversely, the yearly low was recorded on February 8, dropping to 0.2723.

This high-to-low spread represents a total annual volatility of 0.0342 UAH. From a start-to-finish perspective, comparing the January average rate of 0.2764 to the December average rate of 0.3012, the exchange rate registered a net change of 8.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3065 was up 8.13% compared to the 2023 peak of 0.2834, 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 1,532 UAH

2023 Average 1,336 UAH

Yearly Trough Low 1,361 UAH

Transaction Impact: A difference of 171.14 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3042

0.2732

JanuMarcMayJulySeptNove

ISK to UAH 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 0.2822, compared to 0.3002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.2822

H2 Avg (Jul–Dec) 0.3002

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0141 UAH (High: 0.2951 / Low: 0.2810). On the other end, December was the most stable month, with a tight range of 0.0054 UAH (High: 0.3041 / Low: 0.2988).

May Spread (Volatile) ±0.0141

December Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0018 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3014) against the same month in 2023 (average: 0.2729), the exchange rate shifted by +0.0286 (+10.47%).

2024 Avg (September) 0.3014

2023 Avg (September) 0.2729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2804	0.2730	0.2764
February	0.2807	0.2723	0.2758
March	0.2883	0.2759	0.2822
April	0.2833	0.2770	0.2807
May	0.2951	0.2810	0.2863
June	0.2950	0.2896	0.2919
July	0.3034	0.2927	0.2978
August	0.3031	0.2960	0.2989
September	0.3065	0.2967	0.3014
October	0.3048	0.2983	0.3017
November	0.3046	0.2958	0.2999
December	0.3041	0.2988	0.3012