2020 SGD to ISK Historical Review

YEARLY HIGH

103.9293 ISK

YEARLY LOW

89.9841 ISK

YEARLY AVERAGE

98.0920 ISK

2020 SGD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 103.9293. Conversely, the yearly low was recorded on January 1, dropping to 89.9841.

This high-to-low spread represents a total annual volatility of 13.9451 ISK. From a start-to-finish perspective, comparing the January average rate of 91.4055 to the December average rate of 95.6273, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 103.9293 was up 11.69% compared to the 2019 peak of 93.0484, 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 519,646 ISK

2019 Average 449,266 ISK

Yearly Trough Low 449,921 ISK

Transaction Impact: A difference of 69,725.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

103.3609

89.9491

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 96.2465, compared to 99.9374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6909 points.

H1 Avg (Jan–Jun) 96.2465

H2 Avg (Jul–Dec) 99.9374

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.9545 ISK (High: 99.6962 / Low: 90.7417). On the other end, February was the most stable month, with a tight range of 1.6636 ISK (High: 91.7890 / Low: 90.1255).

March Spread (Volatile) ±8.9545

February Spread (Stable) ±1.6636

Growth Streaks & Declines

Trends

Between June and October, 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 5.7609 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.7609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 101.4462) against the same month in 2019 (average: 88.8367), the exchange rate shifted by +12.6095 (+14.19%).

2020 Avg (April) 101.4462

2019 Avg (April) 88.8367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	92.2533	89.9841	91.4055
February	91.7890	90.1255	91.0668
March	99.6962	90.7417	95.1005
April	103.9293	99.3277	101.4462
May	103.7719	96.0429	101.0738
June	100.1866	93.9758	97.3863
July	101.3199	97.7378	99.6941
August	101.2730	98.5227	99.8307
September	102.7363	98.9300	100.8407
October	103.4156	101.2959	102.2432
November	103.3184	99.2939	101.3882
December	97.8702	93.8743	95.6273