YEARLY HIGH
2.8257 ISK
YEARLY LOW
2.3646 ISK
YEARLY AVERAGE
2.6321 ISK

2010 SYP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the SYP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 2.8257. Conversely, the yearly low was recorded on November 4, dropping to 2.3646.

This high-to-low spread represents a total annual volatility of 0.4610 ISK. From a start-to-finish perspective, comparing the January average rate of 2.7589 to the December average rate of 2.4771, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 14,128 ISK
Yearly Average 13,161 ISK
Yearly Trough Low 11,823 ISK
Transaction Impact: A difference of 2,305.09 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.8290
2.3791
JanuMarcMayJulySeptNove

SYP 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 2.7632, compared to 2.5010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2623 points.

H1 Avg (Jan–Jun) 2.7632
H2 Avg (Jul–Dec) 2.5010

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.1393 ISK (High: 2.5040 / Low: 2.3646). On the other end, October was the most stable month, with a tight range of 0.0479 ISK (High: 2.4443 / Low: 2.3964).

November Spread (Volatile) ±0.1393
October Spread (Stable) ±0.0479

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0905 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0905

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 2.7803.

2010 Avg (March) 2.7803
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7992 2.7129 2.7589
February 2.8120 2.7229 2.7915
March 2.8257 2.7360 2.7803
April 2.7946 2.7320 2.7580
May 2.8069 2.6808 2.7633
June 2.7736 2.6925 2.7273
July 2.7148 2.5756 2.6368
August 2.5804 2.5046 2.5488
September 2.5512 2.4445 2.5045
October 2.4443 2.3964 2.4166
November 2.5040 2.3646 2.4220
December 2.5070 2.4396 2.4771