YEARLY HIGH
0.0134 SGD
YEARLY LOW
0.0110 SGD
YEARLY AVERAGE
0.0125 SGD

2018 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0134. Conversely, the yearly low was recorded on November 29, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0024 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0114, the exchange rate registered a net change of -11.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0134 was down 5.57% compared to the 2017 peak of 0.0142, 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 67 SGD
2017 Average 65 SGD
Yearly Trough Low 55 SGD
Transaction Impact: A difference of 12.09 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0134
0.0110
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 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0009 SGD (High: 0.0123 / Low: 0.0114). On the other end, February was the most stable month, with a tight range of 0.0002 SGD (High: 0.0131 / Low: 0.0130).

October Spread (Volatile) ±0.0009
February 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 September and October, 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 (March 2018: 0.0132) against the same month in 2017 (average: 0.0129), the exchange rate shifted by +0.0003 (+2.71%).

2018 Avg (March) 0.0132
2017 Avg (March) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0130 0.0127 0.0129
February 0.0131 0.0130 0.0131
March 0.0134 0.0131 0.0132
April 0.0133 0.0131 0.0132
May 0.0131 0.0126 0.0129
June 0.0129 0.0124 0.0126
July 0.0130 0.0127 0.0128
August 0.0128 0.0126 0.0127
September 0.0127 0.0121 0.0124
October 0.0123 0.0114 0.0118
November 0.0114 0.0110 0.0112
December 0.0118 0.0111 0.0114