YEARLY HIGH
58.5813 ISK
YEARLY LOW
48.7634 ISK
YEARLY AVERAGE
53.6323 ISK

2016 TOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 58.5813. Conversely, the yearly low was recorded on December 25, dropping to 48.7634.

This high-to-low spread represents a total annual volatility of 9.8179 ISK. From a start-to-finish perspective, comparing the January average rate of 57.6118 to the December average rate of 49.4401, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 58.5813 was down 15.54% compared to the 2015 peak of 69.3564, 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 292,906 ISK
2015 Average 311,827 ISK
Yearly Trough Low 243,817 ISK
Transaction Impact: A difference of 49,089.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.4289
48.6229
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 55.9151, compared to 51.3495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5656 points.

H1 Avg (Jan–Jun) 55.9151
H2 Avg (Jul–Dec) 51.3495

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.4225 ISK (High: 56.4582 / Low: 54.0357). On the other end, May was the most stable month, with a tight range of 0.8170 ISK (High: 55.2571 / Low: 54.4401).

June Spread (Volatile) ±2.4225
May Spread (Stable) ±0.8170

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.5687 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 57.6118) against the same month in 2015 (average: 66.3277), the exchange rate shifted by -8.7159 (-13.14%).

2016 Avg (January) 57.6118
2015 Avg (January) 66.3277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.5813 56.4568 57.6118
February 56.9189 54.5619 56.2384
March 57.2304 55.3897 56.1835
April 56.5803 54.9727 55.6047
May 55.2571 54.4401 54.9051
June 56.4582 54.0357 54.9471
July 54.6151 52.3360 53.8391
August 53.2843 51.5396 52.2705
September 51.6386 50.6986 51.0519
October 51.9613 50.5320 51.3490
November 50.7899 49.1555 50.1466
December 50.4562 48.7634 49.4401