YEARLY HIGH
29.3992 ISK
YEARLY LOW
27.9882 ISK
YEARLY AVERAGE
28.5642 ISK

2024 LYD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 29.3992. Conversely, the yearly low was recorded on November 27, dropping to 27.9882.

This high-to-low spread represents a total annual volatility of 1.4110 ISK. From a start-to-finish perspective, comparing the January average rate of 28.4937 to the December average rate of 28.3443, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.3992 was down 2.77% compared to the 2023 peak of 30.2353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,996 ISK
2023 Average 143,339 ISK
Yearly Trough Low 139,941 ISK
Transaction Impact: A difference of 7,054.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.9723
28.2872
JanuMarcMayJulySeptNove

LYD 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 28.5909, compared to 28.5376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 28.5909
H2 Avg (Jul–Dec) 28.5376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.8103 ISK (High: 28.8859 / Low: 28.0755). On the other end, July was the most stable month, with a tight range of 0.3997 ISK (High: 28.6222 / Low: 28.2224).

January Spread (Volatile) ±0.8103
July Spread (Stable) ±0.3997

Growth Streaks & Declines

Trends

Between July and September, 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 0.3051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 28.9152) against the same month in 2023 (average: 28.6683), the exchange rate shifted by +0.2468 (+0.86%).

2024 Avg (April) 28.9152
2023 Avg (April) 28.6683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8859 28.0755 28.4937
February 28.6730 28.1579 28.4644
March 28.8497 28.0811 28.4606
April 29.3992 28.6364 28.9152
May 28.8073 28.3024 28.6101
June 28.8155 28.2663 28.6013
July 28.6222 28.2224 28.4291
August 29.1368 28.4770 28.7664
September 29.1749 28.4369 28.7826
October 28.7386 28.3156 28.5195
November 28.7039 27.9882 28.3837
December 28.5766 28.1574 28.3443