2019 ETB to TOP Historical Review

YEARLY HIGH

0.0811 TOP

YEARLY LOW

0.0715 TOP

YEARLY AVERAGE

0.0785 TOP

2019 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0811. Conversely, the yearly low was recorded on December 31, dropping to 0.0715.

This high-to-low spread represents a total annual volatility of 0.0096 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0800 to the December average rate of 0.0731, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0811 was down 4.38% compared to the 2018 peak of 0.0848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 405 TOP

2018 Average 411 TOP

Yearly Trough Low 358 TOP

Transaction Impact: A difference of 47.91 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0806

0.0724

JanuMarcMayJulySeptNove

ETB 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 0.0793, compared to 0.0777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0793

H2 Avg (Jul–Dec) 0.0777

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0044 TOP (High: 0.0759 / Low: 0.0715). On the other end, February was the most stable month, with a tight range of 0.0011 TOP (High: 0.0798 / Low: 0.0788).

December Spread (Volatile) ±0.0044

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0044 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0800) against the same month in 2018 (average: 0.0819), the exchange rate shifted by -0.0019 (-2.32%).

2019 Avg (January) 0.0800

2018 Avg (January) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0811	0.0791	0.0800
February	0.0798	0.0788	0.0793
March	0.0798	0.0787	0.0793
April	0.0797	0.0769	0.0788
May	0.0800	0.0787	0.0793
June	0.0800	0.0782	0.0790
July	0.0800	0.0780	0.0787
August	0.0806	0.0787	0.0793
September	0.0799	0.0778	0.0789
October	0.0798	0.0777	0.0787
November	0.0784	0.0759	0.0775
December	0.0759	0.0715	0.0731