YEARLY HIGH
4543.0602 GNF
YEARLY LOW
4056.8712 GNF
YEARLY AVERAGE
4344.0888 GNF

2021 TOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4543.0602. Conversely, the yearly low was recorded on December 17, dropping to 4056.8712.

This high-to-low spread represents a total annual volatility of 486.1890 GNF. From a start-to-finish perspective, comparing the January average rate of 4474.1676 to the December average rate of 4120.0997, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4543.0602 was up 3.29% compared to the 2020 peak of 4398.1629, 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 22,715,301 GNF
2020 Average 20,903,676 GNF
Yearly Trough Low 20,284,356 GNF
Transaction Impact: A difference of 2,430,945.09 GNF purely based on transaction execution date.

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4509.5744
4084.6929
JanuMarcMayJulySeptNove

TOP to GNF 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 4412.4801, compared to 4275.6974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 136.7827 points.

H1 Avg (Jan–Jun) 4412.4801
H2 Avg (Jul–Dec) 4275.6974

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 174.2612 GNF (High: 4302.0324 / Low: 4127.7712). On the other end, October was the most stable month, with a tight range of 32.1720 GNF (High: 4331.6490 / Low: 4299.4770).

November Spread (Volatile) Âą174.2612
October Spread (Stable) Âą32.1720

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 99.8661 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -99.8661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4474.1676) against the same month in 2020 (average: 4129.7358), the exchange rate shifted by +344.4318 (+8.34%).

2021 Avg (January) 4474.1676
2020 Avg (January) 4129.7358

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Month High Low Average
January 4543.0602 4395.8914 4474.1676
February 4487.2318 4373.2544 4431.4668
March 4463.6435 4365.0240 4415.8737
April 4416.4787 4359.2191 4379.4684
May 4398.8507 4348.2866 4380.9750
June 4423.0854 4354.6177 4392.9291
July 4373.5336 4314.7649 4343.8537
August 4346.0098 4285.5492 4319.9774
September 4371.7100 4289.3795 4341.1060
October 4331.6490 4299.4770 4309.1819
November 4302.0324 4127.7712 4219.9658
December 4170.7672 4056.8712 4120.0997