2024 KPW to ISK Historical Review

YEARLY HIGH

0.1578 ISK

YEARLY LOW

0.1498 ISK

YEARLY AVERAGE

0.1533 ISK

2024 KPW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KPW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.1578. Conversely, the yearly low was recorded on September 26, dropping to 0.1498.

This high-to-low spread represents a total annual volatility of 0.0080 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1521 to the December average rate of 0.1541, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1578 was down 1.96% compared to the 2023 peak of 0.1610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 789 ISK

2023 Average 766 ISK

Yearly Trough Low 749 ISK

Transaction Impact: A difference of 40.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1562

0.1516

JanuMarcMayJulySeptNove

KPW 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 0.1536, compared to 0.1530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1536

H2 Avg (Jul–Dec) 0.1530

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0047 ISK (High: 0.1548 / Low: 0.1501). On the other end, July was the most stable month, with a tight range of 0.0025 ISK (High: 0.1543 / Low: 0.1518).

March Spread (Volatile) ±0.0047

July Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1558) against the same month in 2023 (average: 0.1517), the exchange rate shifted by +0.0042 (+2.76%).

2024 Avg (April) 0.1558

2023 Avg (April) 0.1517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1533	0.1501	0.1521
February	0.1543	0.1513	0.1530
March	0.1548	0.1501	0.1525
April	0.1578	0.1537	0.1558
May	0.1556	0.1525	0.1542
June	0.1551	0.1523	0.1541
July	0.1543	0.1518	0.1530
August	0.1544	0.1514	0.1531
September	0.1544	0.1498	0.1521
October	0.1537	0.1503	0.1520
November	0.1552	0.1513	0.1534
December	0.1553	0.1527	0.1541