YEARLY HIGH
81.9301 ISK
YEARLY LOW
70.5793 ISK
YEARLY AVERAGE
77.2356 ISK

2017 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 81.9301. Conversely, the yearly low was recorded on June 3, dropping to 70.5793.

This high-to-low spread represents a total annual volatility of 11.3508 ISK. From a start-to-finish perspective, comparing the January average rate of 79.9284 to the December average rate of 77.8485, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 81.9301 was down 12.36% compared to the 2016 peak of 93.4837, 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 409,651 ISK
2016 Average 437,464 ISK
Yearly Trough Low 352,896 ISK
Transaction Impact: A difference of 56,754.09 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

80.6306
72.2049
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 76.9902, compared to 77.4809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4907 points.

H1 Avg (Jan–Jun) 76.9902
H2 Avg (Jul–Dec) 77.4809

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 5.6943 ISK (High: 81.1854 / Low: 75.4911). On the other end, October was the most stable month, with a tight range of 1.2029 ISK (High: 78.2082 / Low: 77.0053).

March Spread (Volatile) ±5.6943
October Spread (Stable) ±1.2029

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.2192 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.2192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 79.9284) against the same month in 2016 (average: 90.7672), the exchange rate shifted by -10.8388 (-11.94%).

2017 Avg (January) 79.9284
2016 Avg (January) 90.7672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 81.9301 77.9560 79.9284
February 81.4836 75.9127 78.7877
March 81.1854 75.4911 77.7206
April 81.4651 75.9863 78.9083
May 76.1859 71.5245 73.6892
June 75.6919 70.5793 72.9070
July 78.1171 73.9702 76.0849
August 79.8659 76.6457 77.7943
September 79.9918 77.3084 78.7857
October 78.2082 77.0053 77.5758
November 78.1188 76.1268 76.7963
December 78.9044 76.6732 77.8485