2017 DJF to TOP Historical Review

YEARLY HIGH

0.0131 TOP

YEARLY LOW

0.0122 TOP

YEARLY AVERAGE

0.0127 TOP

2017 DJF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DJF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0131. Conversely, the yearly low was recorded on August 10, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0009 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0128, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0131 was down 0.22% compared to the 2016 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66 TOP

2016 Average 63 TOP

Yearly Trough Low 61 TOP

Transaction Impact: A difference of 4.44 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0130

0.0123

JanuMarcMayJulySeptNove

DJF 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 0.0128, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0128

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0004 TOP (High: 0.0127 / Low: 0.0123). On the other end, April was the most stable month, with a tight range of 0.0002 TOP (High: 0.0130 / Low: 0.0128).

July Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0130) against the same month in 2016 (average: 0.0127), the exchange rate shifted by +0.0003 (+2.14%).

2017 Avg (May) 0.0130

2016 Avg (May) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0128	0.0129
February	0.0128	0.0125	0.0126
March	0.0129	0.0126	0.0128
April	0.0130	0.0128	0.0128
May	0.0131	0.0128	0.0130
June	0.0128	0.0126	0.0127
July	0.0127	0.0123	0.0125
August	0.0125	0.0122	0.0123
September	0.0125	0.0122	0.0124
October	0.0127	0.0124	0.0125
November	0.0129	0.0126	0.0127
December	0.0129	0.0127	0.0128