2024 ISK to TOP Historical Review

YEARLY HIGH

0.0176 TOP

YEARLY LOW

0.0168 TOP

YEARLY AVERAGE

0.0172 TOP

2024 ISK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0176. Conversely, the yearly low was recorded on April 12, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0008 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0173, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0176 was down 3.76% compared to the 2023 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 88 TOP

2023 Average 86 TOP

Yearly Trough Low 84 TOP

Transaction Impact: A difference of 4.00 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0174

0.0170

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 0.0171, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0006 TOP (High: 0.0175 / Low: 0.0169). On the other end, May was the most stable month, with a tight range of 0.0002 TOP (High: 0.0172 / Low: 0.0170).

January Spread (Volatile) ±0.0006

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0173) against the same month in 2023 (average: 0.0170), the exchange rate shifted by +0.0003 (+1.63%).

2024 Avg (November) 0.0173

2023 Avg (November) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0169	0.0172
February	0.0174	0.0170	0.0172
March	0.0175	0.0171	0.0173
April	0.0172	0.0168	0.0170
May	0.0172	0.0170	0.0171
June	0.0172	0.0169	0.0170
July	0.0173	0.0170	0.0172
August	0.0173	0.0169	0.0172
September	0.0174	0.0168	0.0171
October	0.0174	0.0171	0.0173
November	0.0176	0.0171	0.0173
December	0.0174	0.0171	0.0173