2024 BTN to ISK Historical Review

YEARLY HIGH

1.7017 ISK

YEARLY LOW

1.6101 ISK

YEARLY AVERAGE

1.6494 ISK

2024 BTN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 1.7017. Conversely, the yearly low was recorded on October 5, dropping to 1.6101.

This high-to-low spread represents a total annual volatility of 0.0916 ISK. From a start-to-finish perspective, comparing the January average rate of 1.6475 to the December average rate of 1.6326, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7017 was down 3.46% compared to the 2023 peak of 1.7626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,508 ISK

2023 Average 8,351 ISK

Yearly Trough Low 8,050 ISK

Transaction Impact: A difference of 458.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6884

1.6219

JanuMarcMayJulySeptNove

BTN 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 1.6618, compared to 1.6370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 1.6618

H2 Avg (Jul–Dec) 1.6370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0445 ISK (High: 1.6551 / Low: 1.6106). On the other end, July was the most stable month, with a tight range of 0.0272 ISK (High: 1.6635 / Low: 1.6363).

September Spread (Volatile) ±0.0445

July Spread (Stable) ±0.0272

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0176 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.6829) against the same month in 2023 (average: 1.6667), the exchange rate shifted by +0.0162 (+0.97%).

2024 Avg (April) 1.6829

2023 Avg (April) 1.6667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6594	1.6276	1.6475
February	1.6738	1.6401	1.6597
March	1.6728	1.6330	1.6536
April	1.7017	1.6632	1.6829
May	1.6788	1.6473	1.6653
June	1.6729	1.6445	1.6617
July	1.6635	1.6363	1.6479
August	1.6624	1.6238	1.6435
September	1.6551	1.6106	1.6337
October	1.6446	1.6101	1.6274
November	1.6551	1.6187	1.6369
December	1.6450	1.6176	1.6326

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு