2024 LBP to ISK Historical Review

YEARLY HIGH

0.0092 ISK

YEARLY LOW

0.0015 ISK

YEARLY AVERAGE

0.0026 ISK

2024 LBP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0092. Conversely, the yearly low was recorded on September 26, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0077 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0015, the exchange rate registered a net change of -82.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0092 was down 90.29% compared to the 2023 peak of 0.0952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46 ISK

2023 Average 88 ISK

Yearly Trough Low 8 ISK

Transaction Impact: A difference of 38.71 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0099

0.0008

JanuMarcMayJulySeptNove

LBP 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 0.0037, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0077 ISK (High: 0.0092 / Low: 0.0015). On the other end, July was the most stable month, with a tight range of 0.0000 ISK (High: 0.0016 / Low: 0.0015).

February Spread (Volatile) ±0.0077

July Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0071) against the same month in 2023 (average: 0.0245), the exchange rate shifted by -0.0174 (-71.15%).

2024 Avg (February) 0.0071

2023 Avg (February) 0.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0092	0.0090	0.0091
February	0.0092	0.0015	0.0071
March	0.0016	0.0015	0.0015
April	0.0016	0.0015	0.0016
May	0.0016	0.0015	0.0016
June	0.0016	0.0015	0.0015
July	0.0016	0.0015	0.0015
August	0.0016	0.0015	0.0015
September	0.0016	0.0015	0.0015
October	0.0015	0.0015	0.0015
November	0.0016	0.0015	0.0015
December	0.0016	0.0015	0.0015