YEARLY HIGH
0.0117 SGD
YEARLY LOW
0.0107 SGD
YEARLY AVERAGE
0.0111 SGD

2019 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0117. Conversely, the yearly low was recorded on July 16, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0010 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0111, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0117 was down 12.46% compared to the 2018 peak of 0.0134, 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 59 SGD
2018 Average 63 SGD
Yearly Trough Low 54 SGD
Transaction Impact: A difference of 4.82 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0114
0.0109
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 0.0112, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0112
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0006 SGD (High: 0.0114 / Low: 0.0107). On the other end, May was the most stable month, with a tight range of 0.0001 SGD (High: 0.0112 / Low: 0.0111).

July Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0113) against the same month in 2018 (average: 0.0129), the exchange rate shifted by -0.0015 (-11.92%).

2019 Avg (January) 0.0113
2018 Avg (January) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0111 0.0113
February 0.0114 0.0112 0.0113
March 0.0116 0.0110 0.0113
April 0.0114 0.0110 0.0113
May 0.0112 0.0111 0.0112
June 0.0111 0.0108 0.0109
July 0.0114 0.0107 0.0109
August 0.0114 0.0110 0.0112
September 0.0112 0.0109 0.0111
October 0.0112 0.0109 0.0110
November 0.0113 0.0109 0.0110
December 0.0113 0.0110 0.0111