YEARLY HIGH
0.2455 ISK
YEARLY LOW
0.2242 ISK
YEARLY AVERAGE
0.2307 ISK

2024 SDG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.2455. Conversely, the yearly low was recorded on September 26, dropping to 0.2242.

This high-to-low spread represents a total annual volatility of 0.0214 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2278 to the December average rate of 0.2306, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2455 was down 3.79% compared to the 2023 peak of 0.2552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,228 ISK
2023 Average 1,156 ISK
Yearly Trough Low 1,121 ISK
Transaction Impact: A difference of 106.91 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2403
0.2263
JanuMarcMayJulySeptNove

SDG 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 0.2321, compared to 0.2293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.2321
H2 Avg (Jul–Dec) 0.2293

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0171 ISK (High: 0.2455 / Low: 0.2284). On the other end, December was the most stable month, with a tight range of 0.0039 ISK (High: 0.2324 / Low: 0.2285).

May Spread (Volatile) ±0.0171
December Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2318) against the same month in 2023 (average: 0.2307), the exchange rate shifted by +0.0010 (+0.45%).

2024 Avg (May) 0.2318
2023 Avg (May) 0.2307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2295 0.2248 0.2278
February 0.2310 0.2266 0.2292
March 0.2351 0.2259 0.2311
April 0.2424 0.2331 0.2392
May 0.2455 0.2284 0.2318
June 0.2383 0.2286 0.2338
July 0.2358 0.2275 0.2316
August 0.2311 0.2265 0.2290
September 0.2310 0.2242 0.2276
October 0.2299 0.2249 0.2275
November 0.2322 0.2264 0.2295
December 0.2324 0.2285 0.2306