2020 ISK to SGD Historical Review

YEARLY HIGH

0.0111 SGD

YEARLY LOW

0.0096 SGD

YEARLY AVERAGE

0.0102 SGD

2020 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0111. Conversely, the yearly low was recorded on April 28, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0015 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0109 to the December average rate of 0.0105, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0111 was down 5.11% compared to the 2019 peak of 0.0117, 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

2019 Average 56 SGD

Yearly Trough Low 48 SGD

Transaction Impact: A difference of 7.46 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0111

0.0097

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 0.0104, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0104

H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0010 SGD (High: 0.0110 / Low: 0.0100). On the other end, February was the most stable month, with a tight range of 0.0002 SGD (High: 0.0111 / Low: 0.0109).

March Spread (Volatile) ±0.0010

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0109) against the same month in 2019 (average: 0.0113), the exchange rate shifted by -0.0004 (-3.47%).

2020 Avg (January) 0.0109

2019 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0111	0.0108	0.0109
February	0.0111	0.0109	0.0110
March	0.0110	0.0100	0.0105
April	0.0101	0.0096	0.0099
May	0.0104	0.0096	0.0099
June	0.0106	0.0100	0.0103
July	0.0102	0.0099	0.0100
August	0.0101	0.0099	0.0100
September	0.0101	0.0097	0.0099
October	0.0099	0.0097	0.0098
November	0.0101	0.0097	0.0099
December	0.0107	0.0102	0.0105