YEARLY HIGH
165.2585 STD
YEARLY LOW
156.8809 STD
YEARLY AVERAGE
161.5163 STD

2024 ISK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 165.2585. Conversely, the yearly low was recorded on April 16, dropping to 156.8809.

This high-to-low spread represents a total annual volatility of 8.3775 STD. From a start-to-finish perspective, comparing the January average rate of 162.7554 to the December average rate of 160.6677, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 165.2585 was down 5.53% compared to the 2023 peak of 174.9367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 826,292 STD
2023 Average 819,766 STD
Yearly Trough Low 784,405 STD
Transaction Impact: A difference of 41,887.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

163.2542
158.4649
JanuMarcMayJulySeptNove

ISK to STD 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: JanтАУJun) was 161.1626, compared to 161.8700 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.7074 points.

H1 Avg (JanтАУJun) 161.1626
H2 Avg (JulтАУDec) 161.8700

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.9979 STD (High: 164.9648 / Low: 159.9670). On the other end, July was the most stable month, with a tight range of 2.6182 STD (High: 163.0574 / Low: 160.4392).

March Spread (Volatile) ┬▒4.9979
July Spread (Stable) ┬▒2.6182

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 3.5444 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.5444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 162.7422) against the same month in 2023 (average: 164.6771), the exchange rate shifted by -1.9349 (-1.17%).

2024 Avg (September) 162.7422
2023 Avg (September) 164.6771

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 164.9307 161.5443 162.7554
February 163.5962 160.4623 161.7735
March 164.9648 159.9670 162.4084
April 161.0306 156.8809 158.8640
May 162.2973 159.0648 160.5357
June 162.5578 159.5889 160.6390
July 163.0574 160.4392 161.8005
August 163.5241 160.3123 161.7514
September 165.2585 160.3815 162.7422
October 164.6966 161.1237 162.8551
November 163.6202 159.5203 161.4031
December 162.1202 159.3834 160.6677