2022 TOP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 61.6344. Conversely, the yearly low was recorded on February 23, dropping to 54.6629.
This high-to-low spread represents a total annual volatility of 6.9714 ISK. From a start-to-finish perspective, comparing the January average rate of 56.6829 to the December average rate of 60.6458, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 61.6344 was up 4.59% compared to the 2021 peak of 58.9271, 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 2022.
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 56.5163, compared to 59.4822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9659 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 3.2876 ISK (High: 59.2919 / Low: 56.0043). On the other end, December was the most stable month, with a tight range of 1.1166 ISK (High: 61.1714 / Low: 60.0549).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 1.5214 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 60.3827) against the same month in 2021 (average: 57.8733), the exchange rate shifted by +2.5094 (+4.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.4412 | 56.1633 | 56.6829 |
| February | 56.0226 | 54.6629 | 55.1615 |
| March | 59.2919 | 56.0043 | 57.5579 |
| April | 57.4786 | 56.3119 | 56.9649 |
| May | 57.6246 | 55.0907 | 56.3904 |
| June | 57.0735 | 55.2875 | 56.3402 |
| July | 58.8802 | 56.9621 | 58.0258 |
| August | 60.4277 | 57.8384 | 59.2943 |
| September | 60.5803 | 58.2038 | 59.4449 |
| October | 59.9096 | 58.3259 | 59.1000 |
| November | 61.6344 | 59.3443 | 60.3827 |
| December | 61.1714 | 60.0549 | 60.6458 |