2024 ISK to STD Historical Review

YEARLY HIGH

165.2585 STD

YEARLY LOW

156.8809 STD

YEARLY AVERAGE

161.5163 STD

2024 ISK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 165.2585. Conversely, the yearly low was recorded on April 16, dropping to 156.8809.

This high-to-low spread represents a total annual volatility of 8.3775 STD. From a start-to-finish perspective, comparing the January average rate of 162.7554 to the December average rate of 160.6677, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 165.2585 was down 5.53% compared to the 2023 peak of 174.9367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 826,292 STD

2023 Average 819,766 STD

Yearly Trough Low 784,405 STD

Transaction Impact: A difference of 41,887.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

163.2542

158.4649

JanuMarcMayJulySeptNove

ISK to STD 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 161.1626, compared to 161.8700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7074 points.

H1 Avg (Jan–Jun) 161.1626

H2 Avg (Jul–Dec) 161.8700

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.9979 STD (High: 164.9648 / Low: 159.9670). On the other end, July was the most stable month, with a tight range of 2.6182 STD (High: 163.0574 / Low: 160.4392).

March Spread (Volatile) ±4.9979

July Spread (Stable) ±2.6182

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 3.5444 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.5444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 162.7422) against the same month in 2023 (average: 164.6771), the exchange rate shifted by -1.9349 (-1.17%).

2024 Avg (September) 162.7422

2023 Avg (September) 164.6771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	164.9307	161.5443	162.7554
February	163.5962	160.4623	161.7735
March	164.9648	159.9670	162.4084
April	161.0306	156.8809	158.8640
May	162.2973	159.0648	160.5357
June	162.5578	159.5889	160.6390
July	163.0574	160.4392	161.8005
August	163.5241	160.3123	161.7514
September	165.2585	160.3815	162.7422
October	164.6966	161.1237	162.8551
November	163.6202	159.5203	161.4031
December	162.1202	159.3834	160.6677

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு