YEARLY HIGH
0.6025 TOP
YEARLY LOW
0.5222 TOP
YEARLY AVERAGE
0.5632 TOP

2023 PLN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.6025. Conversely, the yearly low was recorded on February 12, dropping to 0.5222.

This high-to-low spread represents a total annual volatility of 0.0803 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5375 to the December average rate of 0.5925, the exchange rate registered a net change of 10.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6025 was up 4.52% compared to the 2022 peak of 0.5765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 12,050 TOP
2022 Average 10,483 TOP
Yearly Trough Low 10,444 TOP
Transaction Impact: A difference of 1,606.06 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5990
0.5207
JanuMarcMayJulySeptNove

PLN 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 0.5495, compared to 0.5769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.5495
H2 Avg (Jul–Dec) 0.5769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0363 TOP (High: 0.5628 / Low: 0.5266). On the other end, May was the most stable month, with a tight range of 0.0117 TOP (High: 0.5696 / Low: 0.5579).

January Spread (Volatile) ±0.0363
May Spread (Stable) ±0.0117

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 August and September, when the average rate fell by 0.0269 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5860) against the same month in 2022 (average: 0.5194), the exchange rate shifted by +0.0666 (+12.82%).

2023 Avg (November) 0.5860
2022 Avg (November) 0.5194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5628 0.5266 0.5375
February 0.5423 0.5222 0.5272
March 0.5491 0.5294 0.5383
April 0.5709 0.5431 0.5563
May 0.5696 0.5579 0.5645
June 0.5829 0.5640 0.5733
July 0.5940 0.5715 0.5843
August 0.5883 0.5758 0.5819
September 0.5752 0.5423 0.5550
October 0.5755 0.5409 0.5617
November 0.6025 0.5698 0.5860
December 0.6018 0.5858 0.5925