YEARLY HIGH
1.7390 TOP
YEARLY LOW
1.6550 TOP
YEARLY AVERAGE
1.6865 TOP

2021 BND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 1.7390. Conversely, the yearly low was recorded on November 23, dropping to 1.6550.

This high-to-low spread represents a total annual volatility of 0.0840 TOP. From a start-to-finish perspective, comparing the January average rate of 1.7193 to the December average rate of 1.6759, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7390 was up 0.86% compared to the 2020 peak of 1.7241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,695 TOP
2020 Average 8,346 TOP
Yearly Trough Low 8,275 TOP
Transaction Impact: A difference of 419.85 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7356
1.6564
JanuMarcMayJulySeptNove

BND 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: JanтАУJun) was 1.7036, compared to 1.6695 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0342 points.

H1 Avg (JanтАУJun) 1.7036
H2 Avg (JulтАУDec) 1.6695

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0443 TOP (High: 1.7269 / Low: 1.6825). On the other end, September was the most stable month, with a tight range of 0.0146 TOP (High: 1.6786 / Low: 1.6640).

March Spread (Volatile) ┬▒0.0443
September Spread (Stable) ┬▒0.0146

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0299 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.7290) against the same month in 2020 (average: 1.6675), the exchange rate shifted by +0.0615 (+3.69%).

2021 Avg (February) 1.7290
2020 Avg (February) 1.6675

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.7310 1.7046 1.7193
February 1.7390 1.7089 1.7290
March 1.7269 1.6825 1.6991
April 1.7148 1.6984 1.7046
May 1.7094 1.6834 1.6937
June 1.6856 1.6681 1.6760
July 1.6782 1.6566 1.6675
August 1.6832 1.6610 1.6707
September 1.6786 1.6640 1.6717
October 1.6761 1.6581 1.6679
November 1.6714 1.6550 1.6630
December 1.6848 1.6673 1.6759