2024 XDR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 188.1444. Conversely, the yearly low was recorded on November 27, dropping to 179.0274.
This high-to-low spread represents a total annual volatility of 9.1170 ISK. From a start-to-finish perspective, comparing the January average rate of 182.8132 to the December average rate of 181.9036, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 188.1444 was down 3.08% compared to the 2023 peak of 194.1271, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 183.3140, compared to 183.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2379 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.9250 ISK (High: 184.9524 / Low: 179.0274). On the other end, October was the most stable month, with a tight range of 2.5661 ISK (High: 184.3312 / Low: 181.7651).
Growth Streaks & Declines
TrendsBetween July and September, 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 1.7791 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 185.2457) against the same month in 2023 (average: 184.2305), the exchange rate shifted by +1.0152 (+0.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 185.2217 | 179.9291 | 182.8132 |
| February | 184.0156 | 180.6715 | 182.8122 |
| March | 184.6117 | 180.4485 | 182.4636 |
| April | 188.1444 | 183.7476 | 185.2457 |
| May | 184.7882 | 181.5016 | 183.4665 |
| June | 184.6363 | 181.5307 | 183.0831 |
| July | 183.5113 | 180.7503 | 182.1129 |
| August | 186.2995 | 182.1819 | 184.0617 |
| September | 187.1232 | 182.2231 | 184.7196 |
| October | 184.3312 | 181.7651 | 183.1830 |
| November | 184.9524 | 179.0274 | 182.4759 |
| December | 183.7095 | 180.1295 | 181.9036 |