YEARLY HIGH
91.2287 ISK
YEARLY LOW
74.7445 ISK
YEARLY AVERAGE
80.1492 ISK

2018 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 91.2287. Conversely, the yearly low was recorded on March 27, dropping to 74.7445.

This high-to-low spread represents a total annual volatility of 16.4842 ISK. From a start-to-finish perspective, comparing the January average rate of 77.7220 to the December average rate of 87.8869, the exchange rate registered a net change of 13.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 91.2287 was up 11.35% compared to the 2017 peak of 81.9301, 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 456,144 ISK
2017 Average 386,135 ISK
Yearly Trough Low 373,723 ISK
Transaction Impact: A difference of 82,421.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

90.7801
74.2650
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 77.0530, compared to 83.2455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1925 points.

H1 Avg (Jan–Jun) 77.0530
H2 Avg (Jul–Dec) 83.2455

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 6.2723 ISK (High: 87.8166 / Low: 81.5444). On the other end, February was the most stable month, with a tight range of 0.9118 ISK (High: 77.0708 / Low: 76.1589).

October Spread (Volatile) ±6.2723
February Spread (Stable) ±0.9118

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5169 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.5169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 89.4038) against the same month in 2017 (average: 76.7963), the exchange rate shifted by +12.6076 (+16.42%).

2018 Avg (November) 89.4038
2017 Avg (November) 76.7963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.6258 76.6431 77.7220
February 77.0708 76.1589 76.4881
March 76.2537 74.7445 75.6413
April 76.3947 75.0633 75.7021
May 79.1891 76.2463 77.5656
June 80.5312 77.3705 79.1988
July 78.9380 76.9893 78.1276
August 79.4684 77.9294 78.6359
September 82.6170 78.4554 80.5374
October 87.8166 81.5444 84.8812
November 91.2287 87.8810 89.4038
December 90.1644 84.9949 87.8869