YEARLY HIGH
734.0091 CDF
YEARLY LOW
677.2987 CDF
YEARLY AVERAGE
712.7379 CDF

2018 TOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 734.0091. Conversely, the yearly low was recorded on July 28, dropping to 677.2987.

This high-to-low spread represents a total annual volatility of 56.7104 CDF. From a start-to-finish perspective, comparing the January average rate of 712.6318 to the December average rate of 713.9170, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 734.0091 was down 2.59% compared to the 2017 peak of 753.5411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,670,045 CDF
2017 Average 3,222,084 CDF
Yearly Trough Low 3,386,493 CDF
Transaction Impact: A difference of 283,552.15 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

730.1967
697.2471
JanuMarcMayJulySeptNove

TOP to CDF 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 718.8870, compared to 706.5887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.2984 points.

H1 Avg (Jan–Jun) 718.8870
H2 Avg (Jul–Dec) 706.5887

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 40.9552 CDF (High: 718.2539 / Low: 677.2987). On the other end, September was the most stable month, with a tight range of 8.3921 CDF (High: 711.6915 / Low: 703.2994).

July Spread (Volatile) ±40.9552
September Spread (Stable) ±8.3921

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 April and May, when the average rate fell by 13.1306 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.1306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 727.4509) against the same month in 2017 (average: 563.3477), the exchange rate shifted by +164.1032 (+29.13%).

2018 Avg (February) 727.4509
2017 Avg (February) 563.3477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 725.8122 690.3949 712.6318
February 734.0091 719.0764 727.4509
March 732.0857 717.9991 727.3366
April 730.9796 716.4072 726.1824
May 729.0096 702.5022 713.0518
June 711.1846 700.7684 706.6687
July 718.2539 677.2987 699.9929
August 710.9456 698.9714 703.9954
September 711.6915 703.2994 707.8155
October 712.2321 699.1556 706.3142
November 717.4510 700.8736 707.4969
December 724.9816 702.9417 713.9170