YEARLY HIGH
50.8553 ISK
YEARLY LOW
42.5126 ISK
YEARLY AVERAGE
47.0867 ISK

2017 TOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 50.8553. Conversely, the yearly low was recorded on June 3, dropping to 42.5126.

This high-to-low spread represents a total annual volatility of 8.3427 ISK. From a start-to-finish perspective, comparing the January average rate of 49.6462 to the December average rate of 45.8072, the exchange rate registered a net change of -7.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 50.8553 was down 13.19% compared to the 2016 peak of 58.5813, 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 254,276 ISK
2016 Average 268,128 ISK
Yearly Trough Low 212,563 ISK
Transaction Impact: A difference of 41,713.37 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

50.1750
43.8288
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 47.2516, compared to 46.9219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3297 points.

H1 Avg (Jan–Jun) 47.2516
H2 Avg (Jul–Dec) 46.9219

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 3.9346 ISK (High: 46.4472 / Low: 42.5126). On the other end, September was the most stable month, with a tight range of 1.6305 ISK (High: 48.9513 / Low: 47.3208).

June Spread (Volatile) ±3.9346
September Spread (Stable) ±1.6305

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 3.6718 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 49.6462) against the same month in 2016 (average: 57.6118), the exchange rate shifted by -7.9656 (-13.83%).

2017 Avg (January) 49.6462
2016 Avg (January) 57.6118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.8553 48.7070 49.6462
February 50.4251 47.5057 49.3215
March 49.2998 46.8771 47.7612
April 49.5856 45.8498 48.0474
May 45.9797 42.8345 44.3756
June 46.4472 42.5126 44.3576
July 47.9548 45.3652 46.6236
August 49.7082 46.8501 48.0363
September 48.9513 47.3208 48.0714
October 47.8884 46.1895 47.1316
November 47.1550 44.8928 45.8613
December 46.6783 44.9437 45.8072