YEARLY HIGH
0.0142 SGD
YEARLY LOW
0.0122 SGD
YEARLY AVERAGE
0.0130 SGD

2017 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0142. Conversely, the yearly low was recorded on January 30, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0020 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0128, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0142 was up 10.07% compared to the 2016 peak of 0.0129, 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 71 SGD
2016 Average 57 SGD
Yearly Trough Low 61 SGD
Transaction Impact: A difference of 9.81 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0138
0.0124
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 0.0130, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0010 SGD (High: 0.0142 / Low: 0.0132). On the other end, October was the most stable month, with a tight range of 0.0002 SGD (High: 0.0130 / Low: 0.0128).

June Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0137) against the same month in 2016 (average: 0.0110), the exchange rate shifted by +0.0027 (+24.99%).

2017 Avg (June) 0.0137
2016 Avg (June) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0122 0.0125
February 0.0132 0.0123 0.0127
March 0.0132 0.0123 0.0129
April 0.0132 0.0123 0.0127
May 0.0140 0.0131 0.0136
June 0.0142 0.0132 0.0137
July 0.0135 0.0128 0.0131
August 0.0130 0.0125 0.0129
September 0.0129 0.0125 0.0127
October 0.0130 0.0128 0.0129
November 0.0131 0.0128 0.0130
December 0.0130 0.0127 0.0128