YEARLY HIGH
93.4837 ISK
YEARLY LOW
77.6848 ISK
YEARLY AVERAGE
87.5039 ISK

2016 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 93.4837. Conversely, the yearly low was recorded on December 6, dropping to 77.6848.

This high-to-low spread represents a total annual volatility of 15.7989 ISK. From a start-to-finish perspective, comparing the January average rate of 90.7672 to the December average rate of 78.3849, the exchange rate registered a net change of -13.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 93.4837 was down 8.13% compared to the 2015 peak of 101.7578, 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 467,419 ISK
2015 Average 479,921 ISK
Yearly Trough Low 388,424 ISK
Transaction Impact: A difference of 78,994.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

93.6627
76.9960
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 91.2043, compared to 83.8034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4009 points.

H1 Avg (Jan–Jun) 91.2043
H2 Avg (Jul–Dec) 83.8034

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 4.1056 ISK (High: 89.6354 / Low: 85.5298). On the other end, December was the most stable month, with a tight range of 1.4706 ISK (High: 79.1554 / Low: 77.6848).

August Spread (Volatile) ±4.1056
December Spread (Stable) ±1.4706

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 August and September, when the average rate fell by 3.1265 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 92.2738) against the same month in 2015 (average: 99.4116), the exchange rate shifted by -7.1378 (-7.18%).

2016 Avg (March) 92.2738
2015 Avg (March) 99.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.8998 89.7732 90.7672
February 92.0485 90.4891 91.1141
March 93.4837 91.6910 92.2738
April 92.4728 90.9997 91.7601
May 91.0564 89.5051 90.2300
June 92.4031 90.0045 91.0808
July 91.3852 88.9106 90.3504
August 89.6354 85.5298 87.5818
September 85.6209 83.6871 84.4553
October 83.7056 81.1027 82.5008
November 80.6483 78.3423 79.5474
December 79.1554 77.6848 78.3849