2020 CNY to TOP Historical Review

YEARLY HIGH

0.3502 TOP

YEARLY LOW

0.3178 TOP

YEARLY AVERAGE

0.3337 TOP

2020 CNY to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.3502. Conversely, the yearly low was recorded on June 4, dropping to 0.3178.

This high-to-low spread represents a total annual volatility of 0.0324 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3317 to the December average rate of 0.3492, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3502 was up 2.26% compared to the 2019 peak of 0.3424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 8,754 TOP

2019 Average 8,291 TOP

Yearly Trough Low 7,945 TOP

Transaction Impact: A difference of 808.79 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3521

0.3178

JanuMarcMayJulySeptNove

CNY 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 0.3288, compared to 0.3386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.3288

H2 Avg (Jul–Dec) 0.3386

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0100 TOP (High: 0.3492 / Low: 0.3392). On the other end, December was the most stable month, with a tight range of 0.0022 TOP (High: 0.3502 / Low: 0.3479).

October Spread (Volatile) ±0.0100

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0054 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3492) against the same month in 2019 (average: 0.3280), the exchange rate shifted by +0.0212 (+6.46%).

2020 Avg (December) 0.3492

2019 Avg (December) 0.3280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3345	0.3277	0.3317
February	0.3340	0.3293	0.3311
March	0.3392	0.3302	0.3342
April	0.3341	0.3267	0.3303
May	0.3284	0.3193	0.3249
June	0.3248	0.3178	0.3206
July	0.3270	0.3235	0.3252
August	0.3319	0.3259	0.3291
September	0.3401	0.3305	0.3353
October	0.3492	0.3392	0.3442
November	0.3501	0.3468	0.3485
December	0.3502	0.3479	0.3492