2020 ARS to TOP Historical Review

YEARLY HIGH

0.0385 TOP

YEARLY LOW

0.0270 TOP

YEARLY AVERAGE

0.0330 TOP

2020 ARS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0385. Conversely, the yearly low was recorded on December 31, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0115 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0383 to the December average rate of 0.0277, the exchange rate registered a net change of -27.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0385 was down 37.01% compared to the 2019 peak of 0.0612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193 TOP

2019 Average 244 TOP

Yearly Trough Low 135 TOP

Transaction Impact: A difference of 57.48 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0394

0.0266

JanuMarcMayJulySeptNove

ARS 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 0.0360, compared to 0.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0360

H2 Avg (Jul–Dec) 0.0300

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0019 TOP (High: 0.0364 / Low: 0.0345). On the other end, January was the most stable month, with a tight range of 0.0004 TOP (High: 0.0385 / Low: 0.0381).

April Spread (Volatile) ±0.0019

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0383) against the same month in 2019 (average: 0.0607), the exchange rate shifted by -0.0224 (-36.84%).

2020 Avg (January) 0.0383

2019 Avg (January) 0.0607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0385	0.0381	0.0383
February	0.0384	0.0373	0.0378
March	0.0378	0.0364	0.0372
April	0.0364	0.0345	0.0356
May	0.0350	0.0335	0.0342
June	0.0334	0.0325	0.0327
July	0.0325	0.0314	0.0320
August	0.0315	0.0306	0.0311
September	0.0306	0.0301	0.0304
October	0.0303	0.0295	0.0298
November	0.0297	0.0281	0.0288
December	0.0281	0.0270	0.0277

2020 ARS నుండి TOP చారిత్రక సమీక్ష