YEARLY HIGH
101.7578 ISK
YEARLY LOW
88.7954 ISK
YEARLY AVERAGE
95.9914 ISK

2015 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 101.7578. Conversely, the yearly low was recorded on October 4, dropping to 88.7954.

This high-to-low spread represents a total annual volatility of 12.9624 ISK. From a start-to-finish perspective, comparing the January average rate of 98.3220 to the December average rate of 92.0681, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 101.7578 was up 5.62% compared to the 2014 peak of 96.3430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 508,789 ISK
2014 Average 460,313 ISK
Yearly Trough Low 443,977 ISK
Transaction Impact: A difference of 64,811.79 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

101.8950
89.2407
JanuMarcMayJulySeptNove

SGD to ISK 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 98.9145, compared to 93.0684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8461 points.

H1 Avg (Jan–Jun) 98.9145
H2 Avg (Jul–Dec) 93.0684

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 6.9969 ISK (High: 97.8914 / Low: 90.8946). On the other end, February was the most stable month, with a tight range of 1.4324 ISK (High: 98.4112 / Low: 96.9788).

August Spread (Volatile) ±6.9969
February Spread (Stable) ±1.4324

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 4.0619 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 100.8405) against the same month in 2014 (average: 89.4850), the exchange rate shifted by +11.3555 (+12.69%).

2015 Avg (April) 100.8405
2014 Avg (April) 89.4850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.5251 96.0986 98.3220
February 98.4112 96.9788 97.4366
March 100.5953 97.7148 99.4116
April 101.7578 99.5191 100.8405
May 100.3046 98.4705 99.2534
June 99.6053 97.7051 98.2227
July 99.2363 97.6282 98.4548
August 97.8914 90.8946 94.3929
September 91.3801 89.1614 90.4517
October 92.2566 88.7954 90.2952
November 94.1861 91.5186 92.7477
December 93.9922 90.3140 92.0681