2019 TOP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 55.6762. Conversely, the yearly low was recorded on January 1, dropping to 51.1526.
This high-to-low spread represents a total annual volatility of 4.5236 ISK. From a start-to-finish perspective, comparing the January average rate of 52.7836 to the December average rate of 53.0613, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 55.6762 was up 1.65% compared to the 2018 peak of 54.7724, 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 2019.
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 53.3400, compared to 53.6709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3309 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 3.2714 ISK (High: 55.6762 / Low: 52.4049). On the other end, October was the most stable month, with a tight range of 0.9519 ISK (High: 53.9827 / Low: 53.0308).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 1.2031 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 53.0972) against the same month in 2018 (average: 44.8020), the exchange rate shifted by +8.2951 (+18.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.8336 | 51.1526 | 52.7836 |
| February | 53.5748 | 52.4863 | 53.0788 |
| March | 54.1736 | 51.5075 | 52.9883 |
| April | 55.6762 | 52.4049 | 53.0972 |
| May | 54.2042 | 53.1647 | 53.6052 |
| June | 55.0651 | 53.7497 | 54.4870 |
| July | 55.6157 | 52.7870 | 54.7047 |
| August | 54.1440 | 52.6244 | 53.5017 |
| September | 54.5689 | 52.8853 | 53.8620 |
| October | 53.9827 | 53.0308 | 53.5803 |
| November | 53.9556 | 52.2855 | 53.3153 |
| December | 53.6284 | 52.2389 | 53.0613 |