2018 PEN to TOP Historical Review

YEARLY HIGH

0.7114 TOP

YEARLY LOW

0.6703 TOP

YEARLY AVERAGE

0.6916 TOP

2018 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.7114. Conversely, the yearly low was recorded on December 13, dropping to 0.6703.

This high-to-low spread represents a total annual volatility of 0.0411 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6987 to the December average rate of 0.6768, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7114 was down 0.85% compared to the 2017 peak of 0.7175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,557 TOP

2017 Average 3,474 TOP

Yearly Trough Low 3,351 TOP

Transaction Impact: A difference of 205.44 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7096

0.6738

JanuMarcMayJulySeptNove

PEN 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 0.6906, compared to 0.6926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.6906

H2 Avg (Jul–Dec) 0.6926

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0292 TOP (High: 0.7026 / Low: 0.6733). On the other end, November was the most stable month, with a tight range of 0.0066 TOP (High: 0.6835 / Low: 0.6769).

May Spread (Volatile) ±0.0292

November Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0172 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.7067) against the same month in 2017 (average: 0.6887), the exchange rate shifted by +0.0179 (+2.60%).

2018 Avg (July) 0.7067

2017 Avg (July) 0.6887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7049	0.6876	0.6987
February	0.6879	0.6771	0.6815
March	0.6930	0.6753	0.6841
April	0.6963	0.6820	0.6885
May	0.7026	0.6733	0.6921
June	0.7039	0.6939	0.6987
July	0.7114	0.7010	0.7067
August	0.7078	0.6953	0.7023
September	0.7023	0.6923	0.6982
October	0.6986	0.6840	0.6918
November	0.6835	0.6769	0.6800
December	0.6831	0.6703	0.6768