2023 ISK to TOP Historical Review

YEARLY HIGH

0.0183 TOP

YEARLY LOW

0.0161 TOP

YEARLY AVERAGE

0.0171 TOP

2023 ISK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0183. Conversely, the yearly low was recorded on January 25, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0022 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0170, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0183 was down 0.05% compared to the 2022 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 TOP

2022 Average 86 TOP

Yearly Trough Low 80 TOP

Transaction Impact: A difference of 11.03 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0182

0.0161

JanuMarcMayJulySeptNove

ISK to TOP 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 0.0168, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0168

H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 TOP (High: 0.0173 / Low: 0.0165). On the other end, December was the most stable month, with a tight range of 0.0003 TOP (High: 0.0172 / Low: 0.0169).

March Spread (Volatile) ±0.0008

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0180) against the same month in 2022 (average: 0.0169), the exchange rate shifted by +0.0012 (+6.95%).

2023 Avg (August) 0.0180

2022 Avg (August) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0161	0.0163
February	0.0166	0.0162	0.0163
March	0.0173	0.0165	0.0169
April	0.0175	0.0170	0.0172
May	0.0174	0.0167	0.0170
June	0.0175	0.0168	0.0171
July	0.0180	0.0172	0.0177
August	0.0183	0.0178	0.0180
September	0.0181	0.0173	0.0177
October	0.0175	0.0171	0.0173
November	0.0173	0.0167	0.0170
December	0.0172	0.0169	0.0170