YEARLY HIGH
0.0113 SGD
YEARLY LOW
0.0098 SGD
YEARLY AVERAGE
0.0104 SGD

2015 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0113. Conversely, the yearly low was recorded on April 27, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0014 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0109, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0113 was down 0.56% compared to the 2014 peak of 0.0113, 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 56 SGD
2014 Average 54 SGD
Yearly Trough Low 49 SGD
Transaction Impact: A difference of 7.17 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0112
0.0098
JanuMarcMayJulySeptNove

ISK to SGD 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 0.0101, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0008 SGD (High: 0.0110 / Low: 0.0102). On the other end, February was the most stable month, with a tight range of 0.0002 SGD (High: 0.0103 / Low: 0.0102).

August Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 0.0111) against the same month in 2014 (average: 0.0106), the exchange rate shifted by +0.0005 (+4.93%).

2015 Avg (October) 0.0111
2014 Avg (October) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0099 0.0102
February 0.0103 0.0102 0.0103
March 0.0102 0.0099 0.0101
April 0.0100 0.0098 0.0099
May 0.0102 0.0100 0.0101
June 0.0102 0.0100 0.0102
July 0.0102 0.0101 0.0102
August 0.0110 0.0102 0.0106
September 0.0112 0.0109 0.0111
October 0.0113 0.0108 0.0111
November 0.0109 0.0106 0.0108
December 0.0111 0.0106 0.0109