2024 PLN to ISK Historical Review

YEARLY HIGH

35.9090 ISK

YEARLY LOW

29.5181 ISK

YEARLY AVERAGE

34.6586 ISK

2024 PLN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 35.9090. Conversely, the yearly low was recorded on January 1, dropping to 29.5181.

This high-to-low spread represents a total annual volatility of 6.3910 ISK. From a start-to-finish perspective, comparing the January average rate of 34.0836 to the December average rate of 34.0171, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.9090 was up 1.69% compared to the 2023 peak of 35.3111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 718,181 ISK

2023 Average 657,394 ISK

Yearly Trough Low 590,361 ISK

Transaction Impact: A difference of 127,819.91 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.7359

33.6931

JanuMarcMayJulySeptNove

PLN 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 34.6018, compared to 34.7155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1137 points.

H1 Avg (Jan–Jun) 34.6018

H2 Avg (Jul–Dec) 34.7155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.2581 ISK (High: 34.7762 / Low: 29.5181). On the other end, July was the most stable month, with a tight range of 0.5562 ISK (High: 35.0950 / Low: 34.5389).

January Spread (Volatile) ±5.2581

July Spread (Stable) ±0.5562

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0284 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 35.5657) against the same month in 2023 (average: 31.4071), the exchange rate shifted by +4.1586 (+13.24%).

2024 Avg (September) 35.5657

2023 Avg (September) 31.4071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.7762	29.5181	34.0836
February	34.7292	34.0588	34.3774
March	34.9936	34.2051	34.6224
April	35.3169	34.5420	34.9441
May	35.3395	34.6675	35.0401
June	34.9871	33.9816	34.5433
July	35.0950	34.5389	34.9120
August	35.8102	34.8421	35.3976
September	35.9090	35.1364	35.5657
October	34.9544	34.1059	34.5373
November	34.3935	33.4789	33.8634
December	34.2718	33.6363	34.0171