2017 HKD to TOP Historical Review

YEARLY HIGH

0.3015 TOP

YEARLY LOW

0.2799 TOP

YEARLY AVERAGE

0.2907 TOP

2017 HKD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.3015. Conversely, the yearly low was recorded on August 19, dropping to 0.2799.

This high-to-low spread represents a total annual volatility of 0.0216 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2967 to the December average rate of 0.2929, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3015 was up 0.43% compared to the 2016 peak of 0.3002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,538 TOP

2016 Average 7,252 TOP

Yearly Trough Low 6,997 TOP

Transaction Impact: A difference of 541.08 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2990

0.2802

JanuMarcMayJulySeptNove

HKD 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 0.2945, compared to 0.2870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.2945

H2 Avg (Jul–Dec) 0.2870

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0097 TOP (High: 0.2913 / Low: 0.2816). On the other end, April was the most stable month, with a tight range of 0.0032 TOP (High: 0.2977 / Low: 0.2944).

July Spread (Volatile) ±0.0097

April Spread (Stable) ±0.0032

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 May and June, when the average rate fell by 0.0057 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.2974) against the same month in 2016 (average: 0.2900), the exchange rate shifted by +0.0074 (+2.56%).

2017 Avg (May) 0.2974

2016 Avg (May) 0.2900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2991	0.2946	0.2967
February	0.2955	0.2893	0.2912
March	0.2970	0.2895	0.2945
April	0.2977	0.2944	0.2954
May	0.3015	0.2949	0.2974
June	0.2947	0.2875	0.2917
July	0.2913	0.2816	0.2864
August	0.2861	0.2799	0.2818
September	0.2860	0.2800	0.2831
October	0.2908	0.2847	0.2867
November	0.2945	0.2889	0.2909
December	0.2950	0.2897	0.2929