2024 SOS to ISK Historical Review

YEARLY HIGH

0.2486 ISK

YEARLY LOW

0.2354 ISK

YEARLY AVERAGE

0.2415 ISK

2024 SOS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.2486. Conversely, the yearly low was recorded on September 25, dropping to 0.2354.

This high-to-low spread represents a total annual volatility of 0.0132 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2397 to the December average rate of 0.2427, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2486 was down 2.81% compared to the 2023 peak of 0.2558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,243 ISK

2023 Average 1,211 ISK

Yearly Trough Low 1,177 ISK

Transaction Impact: A difference of 65.84 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2461

0.2387

JanuMarcMayJulySeptNove

SOS 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 0.2420, compared to 0.2410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2420

H2 Avg (Jul–Dec) 0.2410

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0079 ISK (High: 0.2433 / Low: 0.2354). On the other end, July was the most stable month, with a tight range of 0.0042 ISK (High: 0.2434 / Low: 0.2392).

September Spread (Volatile) ±0.0079

July Spread (Stable) ±0.0042

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 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2455) against the same month in 2023 (average: 0.2403), the exchange rate shifted by +0.0052 (+2.18%).

2024 Avg (April) 0.2455

2023 Avg (April) 0.2403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2416	0.2366	0.2397
February	0.2430	0.2379	0.2409
March	0.2439	0.2363	0.2402
April	0.2486	0.2428	0.2455
May	0.2452	0.2400	0.2431
June	0.2445	0.2400	0.2428
July	0.2434	0.2392	0.2411
August	0.2436	0.2386	0.2415
September	0.2433	0.2354	0.2396
October	0.2421	0.2364	0.2394
November	0.2444	0.2383	0.2415
December	0.2446	0.2404	0.2427