YEARLY HIGH
0.0068 ISK
YEARLY LOW
0.0064 ISK
YEARLY AVERAGE
0.0066 ISK

2024 SLL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0068. Conversely, the yearly low was recorded on September 26, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0003 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0066, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0068 was down 17.41% compared to the 2023 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 ISK
2023 Average 36 ISK
Yearly Trough Low 32 ISK
Transaction Impact: A difference of 1.72 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0067
0.0065
JanuMarcMayJulySeptNove

SLL 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 0.0066, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 ISK (High: 0.0066 / Low: 0.0064). On the other end, July was the most stable month, with a tight range of 0.0001 ISK (High: 0.0066 / Low: 0.0065).

March Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0067) against the same month in 2023 (average: 0.0077), the exchange rate shifted by -0.0010 (-13.43%).

2024 Avg (April) 0.0067
2023 Avg (April) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0064 0.0065
February 0.0066 0.0065 0.0066
March 0.0066 0.0064 0.0065
April 0.0068 0.0066 0.0067
May 0.0067 0.0065 0.0066
June 0.0067 0.0065 0.0066
July 0.0066 0.0065 0.0066
August 0.0066 0.0065 0.0066
September 0.0066 0.0064 0.0065
October 0.0066 0.0065 0.0065
November 0.0067 0.0065 0.0066
December 0.0067 0.0066 0.0066