YEARLY HIGH
58.9271 ISK
YEARLY LOW
53.8233 ISK
YEARLY AVERAGE
56.0490 ISK

2021 TOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 58.9271. Conversely, the yearly low was recorded on May 27, dropping to 53.8233.

This high-to-low spread represents a total annual volatility of 5.1037 ISK. From a start-to-finish perspective, comparing the January average rate of 56.3542 to the December average rate of 56.9416, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 58.9271 was down 7.42% compared to the 2020 peak of 63.6481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294,635 ISK
2020 Average 294,033 ISK
Yearly Trough Low 269,117 ISK
Transaction Impact: A difference of 25,518.57 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

58.1981
54.3007
JanuMarcMayJulySeptNove

TOP 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 55.4628, compared to 56.6353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1725 points.

H1 Avg (Jan–Jun) 55.4628
H2 Avg (Jul–Dec) 56.6353

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.2371 ISK (High: 58.9271 / Low: 56.6899). On the other end, December was the most stable month, with a tight range of 0.8659 ISK (High: 57.3009 / Low: 56.4350).

November Spread (Volatile) ±2.2371
December Spread (Stable) ±0.8659

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9317 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 57.8733) against the same month in 2020 (average: 59.3423), the exchange rate shifted by -1.4690 (-2.48%).

2021 Avg (November) 57.8733
2020 Avg (November) 59.3423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.8947 55.7858 56.3542
February 56.5914 55.3912 55.8884
March 56.8289 55.1266 55.8357
April 55.8345 54.1023 55.3217
May 55.4645 53.8233 54.7513
June 55.2155 53.9291 54.6254
July 55.8492 54.5385 55.0765
August 56.2593 54.6532 55.7275
September 57.4809 56.1867 56.8940
October 58.0156 56.5086 57.2987
November 58.9271 56.6899 57.8733
December 57.3009 56.4350 56.9416