YEARLY HIGH
0.0208 WST
YEARLY LOW
0.0197 WST
YEARLY AVERAGE
0.0203 WST

2024 ISK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0208. Conversely, the yearly low was recorded on April 16, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0011 WST. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0202, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0208 was down 0.59% compared to the 2023 peak of 0.0209, 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 104 WST
2023 Average 99 WST
Yearly Trough Low 99 WST
Transaction Impact: A difference of 5.26 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0205
0.0199
JanuMarcMayJulySeptNove

ISK to WST 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 0.0203, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0203
H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 WST (High: 0.0207 / Low: 0.0201). On the other end, July was the most stable month, with a tight range of 0.0003 WST (High: 0.0205 / Low: 0.0202).

March Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0205) against the same month in 2023 (average: 0.0201), the exchange rate shifted by +0.0004 (+1.79%).

2024 Avg (September) 0.0205
2023 Avg (September) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0207 0.0203 0.0205
February 0.0206 0.0202 0.0203
March 0.0207 0.0201 0.0204
April 0.0202 0.0197 0.0200
May 0.0204 0.0200 0.0202
June 0.0204 0.0201 0.0202
July 0.0205 0.0202 0.0203
August 0.0205 0.0201 0.0203
September 0.0208 0.0202 0.0205
October 0.0207 0.0202 0.0205
November 0.0206 0.0200 0.0203
December 0.0204 0.0200 0.0202