2024 SVC to ISK Historical Review

YEARLY HIGH

16.2394 ISK

YEARLY LOW

15.4072 ISK

YEARLY AVERAGE

15.7702 ISK

2024 SVC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 16.2394. Conversely, the yearly low was recorded on September 26, dropping to 15.4072.

This high-to-low spread represents a total annual volatility of 0.8322 ISK. From a start-to-finish perspective, comparing the January average rate of 15.6490 to the December average rate of 15.8545, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.2394 was down 2.03% compared to the 2023 peak of 16.5753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,197 ISK

2023 Average 78,819 ISK

Yearly Trough Low 77,036 ISK

Transaction Impact: A difference of 4,161.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.0815

15.5859

JanuMarcMayJulySeptNove

SVC 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 15.8065, compared to 15.7339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0726 points.

H1 Avg (Jan–Jun) 15.8065

H2 Avg (Jul–Dec) 15.7339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4961 ISK (High: 15.9362 / Low: 15.4401). On the other end, July was the most stable month, with a tight range of 0.2465 ISK (High: 15.8715 / Low: 15.6250).

March Spread (Volatile) ±0.4961

July Spread (Stable) ±0.2465

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 0.1718 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 16.0402) against the same month in 2023 (average: 15.6161), the exchange rate shifted by +0.4241 (+2.72%).

2024 Avg (April) 16.0402

2023 Avg (April) 15.6161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7774	15.4508	15.6490
February	15.8688	15.5382	15.7387
March	15.9362	15.4401	15.6900
April	16.2394	15.8569	16.0402
May	16.0113	15.6778	15.8684
June	15.9774	15.6760	15.8526
July	15.8715	15.6250	15.7419
August	15.9083	15.5665	15.7582
September	15.8818	15.4072	15.6461
October	15.8061	15.4408	15.6272
November	15.9670	15.5598	15.7753
December	15.9762	15.6973	15.8545