2023 HTG to TOP Historical Review

YEARLY HIGH

0.0182 TOP

YEARLY LOW

0.0151 TOP

YEARLY AVERAGE

0.0167 TOP

2023 HTG to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0182. Conversely, the yearly low was recorded on April 15, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0031 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0178, the exchange rate registered a net change of 13.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0182 was down 21.26% compared to the 2022 peak of 0.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 TOP

2022 Average 100 TOP

Yearly Trough Low 75 TOP

Transaction Impact: A difference of 15.54 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0183

0.0149

JanuMarcMayJulySeptNove

HTG 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 0.0158, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0158

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0017 TOP (High: 0.0170 / Low: 0.0153). On the other end, September was the most stable month, with a tight range of 0.0002 TOP (High: 0.0178 / Low: 0.0176).

May Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0180) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0003 (+1.82%).

2023 Avg (November) 0.0180

2022 Avg (November) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0160	0.0155	0.0157
February	0.0158	0.0153	0.0156
March	0.0156	0.0151	0.0154
April	0.0156	0.0151	0.0152
May	0.0170	0.0153	0.0162
June	0.0171	0.0168	0.0169
July	0.0172	0.0167	0.0171
August	0.0177	0.0172	0.0175
September	0.0178	0.0176	0.0177
October	0.0181	0.0176	0.0179
November	0.0182	0.0178	0.0180
December	0.0179	0.0176	0.0178