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2021 TOP to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TOP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 112.7329. Conversely, the yearly low was recorded on February 7, dropping to 108.5716.
This high-to-low spread represents a total annual volatility of 4.1613 YER. From a start-to-finish perspective, comparing the January average rate of 109.7661 to the December average rate of 109.5257, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 112.7329 was up 1.32% compared to the 2020 peak of 111.2640, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
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TOP to YER 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: JanâJun) was 110.2721, compared to 110.7035 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.4314 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 2.4549 YER (High: 111.9452 / Low: 109.4903). On the other end, December was the most stable month, with a tight range of 0.9515 YER (High: 110.0161 / Low: 109.0646).
Growth Streaks & Declines
TrendsBetween February and June, 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 November and December, when the average rate fell by 1.3148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 111.8986) against the same month in 2020 (average: 110.2431), the exchange rate shifted by +1.6556 (+1.50%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 110.7389 | 108.9821 | 109.7661 |
| February | 110.2100 | 108.5716 | 109.0820 |
| March | 110.8118 | 108.9339 | 109.7999 |
| April | 110.8118 | 109.2713 | 109.9959 |
| May | 112.0343 | 110.2346 | 111.0902 |
| June | 112.7329 | 110.8082 | 111.8986 |
| July | 111.3216 | 110.3501 | 110.8307 |
| August | 111.0091 | 109.6854 | 110.5806 |
| September | 112.0380 | 109.9427 | 111.3713 |
| October | 112.0454 | 110.2172 | 111.0719 |
| November | 111.9452 | 109.4903 | 110.8405 |
| December | 110.0161 | 109.0646 | 109.5257 |