2024 LAK to ISK Historical Review

YEARLY HIGH

0.0067 ISK

YEARLY LOW

0.0061 ISK

YEARLY AVERAGE

0.0064 ISK

2024 LAK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0067. Conversely, the yearly low was recorded on September 25, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0006 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0063, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0067 was down 22.31% compared to the 2023 peak of 0.0086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 ISK

2023 Average 37 ISK

Yearly Trough Low 30 ISK

Transaction Impact: A difference of 3.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0067

0.0062

JanuMarcMayJulySeptNove

LAK 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 0.0065, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0002 ISK (High: 0.0063 / Low: 0.0061). On the other end, August was the most stable month, with a tight range of 0.0001 ISK (High: 0.0063 / Low: 0.0062).

September Spread (Volatile) ±0.0002

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0066) against the same month in 2023 (average: 0.0084), the exchange rate shifted by -0.0018 (-21.17%).

2024 Avg (January) 0.0066

2023 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0065	0.0066
February	0.0067	0.0065	0.0066
March	0.0066	0.0065	0.0066
April	0.0067	0.0066	0.0066
May	0.0066	0.0064	0.0065
June	0.0064	0.0063	0.0064
July	0.0063	0.0062	0.0062
August	0.0063	0.0062	0.0062
September	0.0063	0.0061	0.0062
October	0.0063	0.0061	0.0062
November	0.0064	0.0062	0.0063
December	0.0064	0.0063	0.0063