2020 NAD to TOP Historical Review

YEARLY HIGH

0.1631 TOP

YEARLY LOW

0.1222 TOP

YEARLY AVERAGE

0.1405 TOP

2020 NAD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NAD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1631. Conversely, the yearly low was recorded on April 23, dropping to 0.1222.

This high-to-low spread represents a total annual volatility of 0.0409 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1600 to the December average rate of 0.1536, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1631 was down 3.37% compared to the 2019 peak of 0.1688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 815 TOP

2019 Average 792 TOP

Yearly Trough Low 611 TOP

Transaction Impact: A difference of 204.36 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1634

0.1225

JanuMarcMayJulySeptNove

NAD 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 0.1403, compared to 0.1408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1403

H2 Avg (Jul–Dec) 0.1408

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0202 TOP (High: 0.1511 / Low: 0.1309). On the other end, July was the most stable month, with a tight range of 0.0048 TOP (High: 0.1383 / Low: 0.1335).

March Spread (Volatile) ±0.0202

July Spread (Stable) ±0.0048

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 March and April, when the average rate fell by 0.0156 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1600) against the same month in 2019 (average: 0.1633), the exchange rate shifted by -0.0033 (-2.04%).

2020 Avg (January) 0.1600

2019 Avg (January) 0.1633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1631	0.1567	0.1600
February	0.1568	0.1506	0.1547
March	0.1511	0.1309	0.1415
April	0.1311	0.1222	0.1259
May	0.1316	0.1238	0.1270
June	0.1360	0.1310	0.1327
July	0.1383	0.1335	0.1362
August	0.1373	0.1288	0.1315
September	0.1403	0.1304	0.1360
October	0.1432	0.1276	0.1393
November	0.1501	0.1426	0.1480
December	0.1572	0.1490	0.1536