2020 CHF to TOP Historical Review

YEARLY HIGH

2.5881 TOP

YEARLY LOW

2.3486 TOP

YEARLY AVERAGE

2.4539 TOP

2020 CHF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CHF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.5881. Conversely, the yearly low was recorded on June 6, dropping to 2.3486.

This high-to-low spread represents a total annual volatility of 0.2395 TOP. From a start-to-finish perspective, comparing the January average rate of 2.3682 to the December average rate of 2.5711, the exchange rate registered a net change of 8.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5881 was up 8.51% compared to the 2019 peak of 2.3852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,941 TOP

2019 Average 11,530 TOP

Yearly Trough Low 11,743 TOP

Transaction Impact: A difference of 1,197.43 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5914

2.3479

JanuMarcMayJulySeptNove

CHF 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 2.3950, compared to 2.5129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1178 points.

H1 Avg (Jan–Jun) 2.3950

H2 Avg (Jul–Dec) 2.5129

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0909 TOP (High: 2.4991 / Low: 2.4082). On the other end, May was the most stable month, with a tight range of 0.0344 TOP (High: 2.3991 / Low: 2.3647).

March Spread (Volatile) ±0.0909

May Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0470 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.5711) against the same month in 2019 (average: 2.3397), the exchange rate shifted by +0.2314 (+9.89%).

2020 Avg (December) 2.5711

2019 Avg (December) 2.3397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4047	2.3494	2.3682
February	2.4045	2.3521	2.3742
March	2.4991	2.4082	2.4538
April	2.4303	2.3764	2.4067
May	2.3991	2.3647	2.3824
June	2.4232	2.3486	2.3848
July	2.5004	2.4102	2.4406
August	2.5303	2.4821	2.5059
September	2.5186	2.4769	2.4956
October	2.5635	2.5071	2.5352
November	2.5610	2.5086	2.5287
December	2.5881	2.5436	2.5711