2024 KZT to ISK Historical Review

YEARLY HIGH

0.3178 ISK

YEARLY LOW

0.2628 ISK

YEARLY AVERAGE

0.2946 ISK

2024 KZT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.3178. Conversely, the yearly low was recorded on December 16, dropping to 0.2628.

This high-to-low spread represents a total annual volatility of 0.0550 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3031 to the December average rate of 0.2662, the exchange rate registered a net change of -12.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3178 was down 3.00% compared to the 2023 peak of 0.3276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,589 ISK

2023 Average 1,511 ISK

Yearly Trough Low 1,314 ISK

Transaction Impact: A difference of 274.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3192

0.2614

JanuMarcMayJulySeptNove

KZT 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 0.3077, compared to 0.2814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.3077

H2 Avg (Jul–Dec) 0.2814

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0167 ISK (High: 0.3102 / Low: 0.2935). On the other end, July was the most stable month, with a tight range of 0.0070 ISK (High: 0.2937 / Low: 0.2867).

June Spread (Volatile) ±0.0167

July Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0143 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3144) against the same month in 2023 (average: 0.3023), the exchange rate shifted by +0.0121 (+4.01%).

2024 Avg (April) 0.3144

2023 Avg (April) 0.3023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3070	0.2968	0.3031
February	0.3096	0.3007	0.3056
March	0.3118	0.3001	0.3054
April	0.3178	0.3101	0.3144
May	0.3178	0.3076	0.3139
June	0.3102	0.2935	0.3041
July	0.2937	0.2867	0.2898
August	0.2933	0.2834	0.2878
September	0.2896	0.2809	0.2850
October	0.2859	0.2741	0.2815
November	0.2827	0.2660	0.2781
December	0.2717	0.2628	0.2662