2014 TOP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TOP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 64.7222. Conversely, the yearly low was recorded on March 10, dropping to 60.0880.
This high-to-low spread represents a total annual volatility of 4.6342 ISK. From a start-to-finish perspective, comparing the January average rate of 62.1664 to the December average rate of 63.8113, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 64.7222 was down 13.80% compared to the 2013 peak of 75.0847, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 61.2134, compared to 62.3914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1779 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 2.2487 ISK (High: 62.3368 / Low: 60.0880). On the other end, June was the most stable month, with a tight range of 1.1783 ISK (High: 61.5959 / Low: 60.4176).
Growth Streaks & Declines
TrendsBetween May and September, 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 January and February, when the average rate fell by 1.0717 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 63.8113) against the same month in 2013 (average: 63.1432), the exchange rate shifted by +0.6681 (+1.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.8682 | 61.3272 | 62.1664 |
| February | 61.9795 | 60.5587 | 61.0947 |
| March | 62.3368 | 60.0880 | 60.7900 |
| April | 62.0023 | 60.3410 | 61.3065 |
| May | 61.5922 | 60.2841 | 60.7603 |
| June | 61.5959 | 60.4176 | 61.1625 |
| July | 63.2612 | 61.1399 | 61.9775 |
| August | 63.4631 | 61.4866 | 62.4009 |
| September | 63.6998 | 61.4887 | 62.4176 |
| October | 62.4219 | 60.8908 | 61.6044 |
| November | 63.3551 | 61.6236 | 62.1364 |
| December | 64.7222 | 62.5351 | 63.8113 |