YEARLY HIGH
0.3121 ISK
YEARLY LOW
0.2922 ISK
YEARLY AVERAGE
0.3032 ISK

2024 KMF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.3121. Conversely, the yearly low was recorded on November 27, dropping to 0.2922.

This high-to-low spread represents a total annual volatility of 0.0200 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3033 to the December average rate of 0.2951, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3121 was down 2.10% compared to the 2023 peak of 0.3188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KMF based on timing:

Yearly Peak High 1,561 ISK
2023 Average 1,513 ISK
Yearly Trough Low 1,461 ISK
Transaction Impact: A difference of 99.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3101
0.2937
JanuMarcMayJulySeptNove

KMF to ISK 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 0.3036, compared to 0.3027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.3036
H2 Avg (Jul–Dec) 0.3027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0145 ISK (High: 0.3067 / Low: 0.2922). On the other end, July was the most stable month, with a tight range of 0.0034 ISK (High: 0.3048 / Low: 0.3014).

November Spread (Volatile) ±0.0145
July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3056) against the same month in 2023 (average: 0.3041), the exchange rate shifted by +0.0016 (+0.51%).

2024 Avg (April) 0.3056
2023 Avg (April) 0.3041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3062 0.2982 0.3033
February 0.3045 0.3003 0.3020
March 0.3061 0.2992 0.3028
April 0.3121 0.3039 0.3056
May 0.3061 0.3017 0.3045
June 0.3074 0.3012 0.3035
July 0.3048 0.3014 0.3032
August 0.3115 0.3021 0.3080
September 0.3117 0.3050 0.3087
October 0.3045 0.3009 0.3030
November 0.3067 0.2922 0.2982
December 0.2993 0.2925 0.2951