YEARLY HIGH
54.7724 ISK
YEARLY LOW
43.9515 ISK
YEARLY AVERAGE
47.5966 ISK

2018 TOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 54.7724. Conversely, the yearly low was recorded on March 27, dropping to 43.9515.

This high-to-low spread represents a total annual volatility of 10.8208 ISK. From a start-to-finish perspective, comparing the January average rate of 45.7163 to the December average rate of 52.9172, the exchange rate registered a net change of 15.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 54.7724 was up 7.70% compared to the 2017 peak of 50.8553, 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 273,862 ISK
2017 Average 235,369 ISK
Yearly Trough Low 219,758 ISK
Transaction Impact: A difference of 54,104.19 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

54.4722
43.8619
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 45.5767, compared to 49.6165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0398 points.

H1 Avg (Jan–Jun) 45.5767
H2 Avg (Jul–Dec) 49.6165

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 4.4182 ISK (High: 52.8355 / Low: 48.4173). On the other end, February was the most stable month, with a tight range of 1.1662 ISK (High: 46.1600 / Low: 44.9937).

October Spread (Volatile) ±4.4182
February Spread (Stable) ±1.1662

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.8514 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 52.9172) against the same month in 2017 (average: 45.8072), the exchange rate shifted by +7.1100 (+15.52%).

2018 Avg (December) 52.9172
2017 Avg (December) 45.8072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.5798 44.7494 45.7163
February 46.1600 44.9937 45.5974
March 45.4611 43.9515 44.7461
April 45.7496 44.0555 44.8020
May 46.5961 45.0785 45.8653
June 47.6829 45.7067 46.7329
July 46.4555 45.2724 45.9937
August 47.3742 46.0240 46.5910
September 49.0795 46.5910 47.7992
October 52.8355 48.4173 50.8098
November 54.6352 52.5086 53.5880
December 54.7724 50.8726 52.9172