2024 LYD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |