YEARLY HIGH
93.0484 ISK
YEARLY LOW
85.3854 ISK
YEARLY AVERAGE
89.8482 ISK

2019 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 93.0484. Conversely, the yearly low was recorded on January 1, dropping to 85.3854.

This high-to-low spread represents a total annual volatility of 7.6630 ISK. From a start-to-finish perspective, comparing the January average rate of 88.2480 to the December average rate of 89.9594, the exchange rate registered a net change of 1.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 93.0484 was up 1.99% compared to the 2018 peak of 91.2287, 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 465,242 ISK
2018 Average 400,838 ISK
Yearly Trough Low 426,927 ISK
Transaction Impact: A difference of 38,315.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

91.8700
87.9188
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 89.2063, compared to 90.4901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2838 points.

H1 Avg (Jan–Jun) 89.2063
H2 Avg (Jul–Dec) 90.4901

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 4.9532 ISK (High: 93.0484 / Low: 88.0951). On the other end, May was the most stable month, with a tight range of 1.1292 ISK (High: 90.1464 / Low: 89.0172).

July Spread (Volatile) ±4.9532
May Spread (Stable) ±1.1292

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.2068 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.2068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 91.5407) against the same month in 2018 (average: 78.1276), the exchange rate shifted by +13.4131 (+17.17%).

2019 Avg (July) 91.5407
2018 Avg (July) 78.1276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.7089 85.3854 88.2480
February 89.0320 87.5504 88.5186
March 90.5983 86.1418 88.5266
April 90.6576 87.7196 88.8367
May 90.1464 89.0172 89.5945
June 92.4719 90.0193 91.5134
July 93.0484 88.0951 91.5407
August 90.8182 87.5134 89.3339
September 91.5062 89.1074 90.4990
October 91.7828 89.4546 90.8920
November 91.9263 88.7264 90.7159
December 91.0788 88.6808 89.9594