YEARLY HIGH
188.1444 ISK
YEARLY LOW
179.0274 ISK
YEARLY AVERAGE
183.1951 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 940,722 ISK
2023 Average 920,035 ISK
Yearly Trough Low 895,137 ISK
Transaction Impact: A difference of 45,584.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

185.5799
181.5694
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 183.3140
H2 Avg (Jul–Dec) 183.0761

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±5.9250
October Spread (Stable) ±2.5661

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7791

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (April) 185.2457
2023 Avg (April) 184.2305

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