2024 PYG to ISK Historical Review

YEARLY HIGH

0.0192 ISK

YEARLY LOW

0.0172 ISK

YEARLY AVERAGE

0.0183 ISK

2024 PYG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0192. Conversely, the yearly low was recorded on October 27, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0020 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0178, the exchange rate registered a net change of -5.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0192 was down 3.60% compared to the 2023 peak of 0.0199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96 ISK

2023 Average 95 ISK

Yearly Trough Low 86 ISK

Transaction Impact: A difference of 9.96 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0191

0.0172

JanuMarcMayJulySeptNove

PYG 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 0.0187, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0187

H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0008 ISK (High: 0.0181 / Low: 0.0173). On the other end, July was the most stable month, with a tight range of 0.0003 ISK (High: 0.0184 / Low: 0.0181).

September Spread (Volatile) ±0.0008

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0190) against the same month in 2023 (average: 0.0191), the exchange rate shifted by -0.0001 (-0.55%).

2024 Avg (April) 0.0190

2023 Avg (April) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0190	0.0186	0.0188
February	0.0191	0.0187	0.0189
March	0.0190	0.0185	0.0188
April	0.0192	0.0188	0.0190
May	0.0187	0.0182	0.0185
June	0.0186	0.0182	0.0184
July	0.0184	0.0181	0.0182
August	0.0184	0.0179	0.0182
September	0.0181	0.0173	0.0176
October	0.0176	0.0172	0.0174
November	0.0179	0.0174	0.0177
December	0.0179	0.0176	0.0178