2024 LRD to ISK Historical Review

YEARLY HIGH

0.7766 ISK

YEARLY LOW

0.6811 ISK

YEARLY AVERAGE

0.7213 ISK

2024 LRD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.7766. Conversely, the yearly low was recorded on September 20, dropping to 0.6811.

This high-to-low spread represents a total annual volatility of 0.0955 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7239 to the December average rate of 0.7680, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7766 was down 17.54% compared to the 2023 peak of 0.9418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,883 ISK

2023 Average 3,972 ISK

Yearly Trough Low 3,406 ISK

Transaction Impact: A difference of 477.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7748

0.6934

JanuMarcMayJulySeptNove

LRD 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 0.7199, compared to 0.7227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.7199

H2 Avg (Jul–Dec) 0.7227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0647 ISK (High: 0.7760 / Low: 0.7113). On the other end, February was the most stable month, with a tight range of 0.0121 ISK (High: 0.7289 / Low: 0.7168).

November Spread (Volatile) ±0.0647

February Spread (Stable) ±0.0121

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 April and May, when the average rate fell by 0.0107 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7680) against the same month in 2023 (average: 0.7324), the exchange rate shifted by +0.0357 (+4.87%).

2024 Avg (December) 0.7680

2023 Avg (December) 0.7324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7317	0.7139	0.7239
February	0.7289	0.7168	0.7231
March	0.7227	0.7015	0.7130
April	0.7555	0.7169	0.7278
May	0.7239	0.7077	0.7171
June	0.7197	0.7072	0.7147
July	0.7140	0.7004	0.7065
August	0.7110	0.6942	0.7044
September	0.7125	0.6811	0.7002
October	0.7190	0.6982	0.7101
November	0.7760	0.7113	0.7467
December	0.7766	0.7556	0.7680