2021 DJF to TOP Historical Review

YEARLY HIGH

0.0130 TOP

YEARLY LOW

0.0125 TOP

YEARLY AVERAGE

0.0127 TOP

2021 DJF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.0130. Conversely, the yearly low was recorded on June 2, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0005 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0128, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0130 was down 3.90% compared to the 2020 peak of 0.0135, 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 65 TOP

2020 Average 65 TOP

Yearly Trough Low 62 TOP

Transaction Impact: A difference of 2.47 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0129

0.0125

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 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0128

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0003 TOP (High: 0.0128 / Low: 0.0126). On the other end, December was the most stable month, with a tight range of 0.0001 TOP (High: 0.0129 / Low: 0.0128).

November Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0129) against the same month in 2020 (average: 0.0130), the exchange rate shifted by -0.0001 (-0.91%).

2021 Avg (February) 0.0129

2020 Avg (February) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

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