YEARLY HIGH
1.8953 TOP
YEARLY LOW
1.7475 TOP
YEARLY AVERAGE
1.8443 TOP

2025 BND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the BND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 1.8953. Conversely, the yearly low was recorded on January 3, dropping to 1.7475.

This high-to-low spread represents a total annual volatility of 0.1478 TOP. From a start-to-finish perspective, comparing the January average rate of 1.7832 to the December average rate of 1.8654, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 1.8953 was up 4.04% compared to the 2024 peak of 1.8218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,477 TOP
2024 Average 8,866 TOP
Yearly Trough Low 8,738 TOP
Transaction Impact: A difference of 738.95 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

1.8901
1.7734
JanuMarcMayJulySeptNove

BND 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 1.8216, compared to 1.8670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 1.8216
H2 Avg (Jul–Dec) 1.8670

Volatility Range Comparison

Volatility

The most volatile month in 2025 was January, with a trading range of 0.0607 TOP (High: 1.8082 / Low: 1.7475). On the other end, November was the most stable month, with a tight range of 0.0193 TOP (High: 1.8592 / Low: 1.8400).

January Spread (Volatile) ±0.0607
November Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0153 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2025: 1.8804) against the same month in 2024 (average: 1.7577), the exchange rate shifted by +0.1227 (+6.98%).

2025 Avg (July) 1.8804
2024 Avg (July) 1.7577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8082 1.7475 1.7832
February 1.8047 1.7664 1.7905
March 1.8124 1.7823 1.8022
April 1.8449 1.7864 1.8204
May 1.8752 1.8373 1.8573
June 1.8919 1.8630 1.8759
July 1.8953 1.8563 1.8804
August 1.8883 1.8549 1.8748
September 1.8862 1.8644 1.8737
October 1.8713 1.8492 1.8584
November 1.8592 1.8400 1.8491
December 1.8762 1.8546 1.8654