2020 AFN to TOP Historical Review

YEARLY HIGH

0.0316 TOP

YEARLY LOW

0.0290 TOP

YEARLY AVERAGE

0.0300 TOP

2020 AFN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0316. Conversely, the yearly low was recorded on June 11, dropping to 0.0290.

This high-to-low spread represents a total annual volatility of 0.0025 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0296, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0316 was up 3.63% compared to the 2019 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 158 TOP

2019 Average 147 TOP

Yearly Trough Low 145 TOP

Transaction Impact: A difference of 12.74 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0310

0.0292

JanuMarcMayJulySeptNove

AFN to TOP 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 0.0302, compared to 0.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0302

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0012 TOP (High: 0.0316 / Low: 0.0304). On the other end, July was the most stable month, with a tight range of 0.0002 TOP (High: 0.0296 / Low: 0.0294).

March Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0308) against the same month in 2019 (average: 0.0300), the exchange rate shifted by +0.0008 (+2.70%).

2020 Avg (March) 0.0308

2019 Avg (March) 0.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0303	0.0293	0.0297
February	0.0306	0.0298	0.0301
March	0.0316	0.0304	0.0308
April	0.0310	0.0302	0.0307
May	0.0304	0.0299	0.0302
June	0.0298	0.0290	0.0294
July	0.0296	0.0294	0.0296
August	0.0297	0.0293	0.0296
September	0.0301	0.0295	0.0297
October	0.0303	0.0300	0.0301
November	0.0303	0.0297	0.0299
December	0.0298	0.0294	0.0296