2018 DJF to TOP Historical Review

YEARLY HIGH

0.0131 TOP

YEARLY LOW

0.0123 TOP

YEARLY AVERAGE

0.0128 TOP

2018 DJF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DJF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0131. Conversely, the yearly low was recorded on February 4, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0008 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0128, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0131 was down 0.07% compared to the 2017 peak of 0.0131, 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

2017 Average 63 TOP

Yearly Trough Low 62 TOP

Transaction Impact: A difference of 3.96 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0131

0.0124

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 0.0126, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0126

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0005 TOP (High: 0.0129 / Low: 0.0124). On the other end, August was the most stable month, with a tight range of 0.0000 TOP (High: 0.0130 / Low: 0.0130).

May Spread (Volatile) ±0.0005

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0130) against the same month in 2017 (average: 0.0125), the exchange rate shifted by +0.0005 (+3.95%).

2018 Avg (July) 0.0130

2017 Avg (July) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

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