2020 BBD to TOP Historical Review

YEARLY HIGH

1.1995 TOP

YEARLY LOW

1.1250 TOP

YEARLY AVERAGE

1.1509 TOP

2020 BBD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.1995. Conversely, the yearly low was recorded on June 9, dropping to 1.1250.

This high-to-low spread represents a total annual volatility of 0.0745 TOP. From a start-to-finish perspective, comparing the January average rate of 1.1484 to the December average rate of 1.1419, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1995 was up 2.82% compared to the 2019 peak of 1.1666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,998 TOP

2019 Average 5,727 TOP

Yearly Trough Low 5,625 TOP

Transaction Impact: A difference of 372.57 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1783

1.1315

JanuMarcMayJulySeptNove

BBD 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 1.1564, compared to 1.1453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 1.1564

H2 Avg (Jul–Dec) 1.1453

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0456 TOP (High: 1.1995 / Low: 1.1540). On the other end, February was the most stable month, with a tight range of 0.0054 TOP (High: 1.1604 / Low: 1.1550).

March Spread (Volatile) ±0.0456

February Spread (Stable) ±0.0054

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 0.0187 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.1744) against the same month in 2019 (average: 1.1312), the exchange rate shifted by +0.0432 (+3.82%).

2020 Avg (March) 1.1744

2019 Avg (March) 1.1312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1583	1.1412	1.1484
February	1.1604	1.1550	1.1582
March	1.1995	1.1540	1.1744
April	1.1803	1.1535	1.1679
May	1.1631	1.1446	1.1541
June	1.1475	1.1250	1.1354
July	1.1446	1.1345	1.1400
August	1.1447	1.1332	1.1403
September	1.1577	1.1314	1.1422
October	1.1631	1.1516	1.1570
November	1.1634	1.1436	1.1505
December	1.1458	1.1370	1.1419