2024 YER to ISK Historical Review

YEARLY HIGH

0.5673 ISK

YEARLY LOW

0.5386 ISK

YEARLY AVERAGE

0.5513 ISK

2024 YER to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.5673. Conversely, the yearly low was recorded on September 26, dropping to 0.5386.

This high-to-low spread represents a total annual volatility of 0.0288 ISK. From a start-to-finish perspective, comparing the January average rate of 0.5469 to the December average rate of 0.5546, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5673 was down 1.97% compared to the 2023 peak of 0.5787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,837 ISK

2023 Average 2,754 ISK

Yearly Trough Low 2,693 ISK

Transaction Impact: A difference of 143.80 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5616

0.5452

JanuMarcMayJulySeptNove

YER 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 0.5524, compared to 0.5501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.5524

H2 Avg (Jul–Dec) 0.5501

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0169 ISK (High: 0.5564 / Low: 0.5395). On the other end, July was the most stable month, with a tight range of 0.0089 ISK (High: 0.5547 / Low: 0.5459).

March Spread (Volatile) ±0.0169

July Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between October and December, 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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5602) against the same month in 2023 (average: 0.5452), the exchange rate shifted by +0.0150 (+2.75%).

2024 Avg (April) 0.5602

2023 Avg (April) 0.5452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5512	0.5396	0.5469
February	0.5547	0.5441	0.5503
March	0.5564	0.5395	0.5480
April	0.5673	0.5526	0.5602
May	0.5595	0.5482	0.5547
June	0.5577	0.5475	0.5540
July	0.5547	0.5459	0.5501
August	0.5552	0.5443	0.5503
September	0.5549	0.5386	0.5470
October	0.5523	0.5404	0.5466
November	0.5589	0.5451	0.5524
December	0.5596	0.5489	0.5546