2024 XAF to ISK Historical Review

YEARLY HIGH

0.2340 ISK

YEARLY LOW

0.2194 ISK

YEARLY AVERAGE

0.2276 ISK

2024 XAF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.2340. Conversely, the yearly low was recorded on December 30, dropping to 0.2194.

This high-to-low spread represents a total annual volatility of 0.0146 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2277 to the December average rate of 0.2214, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2340 was down 2.29% compared to the 2023 peak of 0.2395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,170 ISK

2023 Average 1,137 ISK

Yearly Trough Low 1,097 ISK

Transaction Impact: A difference of 73.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2330

0.2204

JanuMarcMayJulySeptNove

XAF 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 0.2279, compared to 0.2273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2279

H2 Avg (Jul–Dec) 0.2273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0076 ISK (High: 0.2279 / Low: 0.2202). On the other end, June was the most stable month, with a tight range of 0.0017 ISK (High: 0.2284 / Low: 0.2267).

November Spread (Volatile) ±0.0076

June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2319) against the same month in 2023 (average: 0.2203), the exchange rate shifted by +0.0116 (+5.28%).

2024 Avg (September) 0.2319

2023 Avg (September) 0.2203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2301	0.2243	0.2277
February	0.2282	0.2255	0.2267
March	0.2292	0.2255	0.2274
April	0.2301	0.2283	0.2293
May	0.2294	0.2267	0.2288
June	0.2284	0.2267	0.2276
July	0.2288	0.2269	0.2279
August	0.2334	0.2285	0.2315
September	0.2340	0.2294	0.2319
October	0.2285	0.2264	0.2273
November	0.2279	0.2202	0.2237
December	0.2227	0.2194	0.2214