YEARLY HIGH
0.4144 CHF
YEARLY LOW
0.3860 CHF
YEARLY AVERAGE
0.4035 CHF

2021 TOP to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.4144. Conversely, the yearly low was recorded on January 5, dropping to 0.3860.

This high-to-low spread represents a total annual volatility of 0.0284 CHF. From a start-to-finish perspective, comparing the January average rate of 0.3890 to the December average rate of 0.4028, the exchange rate registered a net change of 3.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4144 was down 2.67% compared to the 2020 peak of 0.4258, 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 2,072 CHF
2020 Average 2,039 CHF
Yearly Trough Low 1,930 CHF
Transaction Impact: A difference of 142.05 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4117
0.3869
JanuMarcMayJulySeptNove

TOP to CHF 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 0.4002, compared to 0.4068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.4002
H2 Avg (Jul–Dec) 0.4068

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0132 CHF (High: 0.4119 / Low: 0.3987). On the other end, October was the most stable month, with a tight range of 0.0037 CHF (High: 0.4114 / Low: 0.4077).

March Spread (Volatile) ±0.0132
October Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.4097) against the same month in 2020 (average: 0.4007), the exchange rate shifted by +0.0090 (+2.24%).

2021 Avg (September) 0.4097
2020 Avg (September) 0.4007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3924 0.3860 0.3890
February 0.3998 0.3876 0.3913
March 0.4119 0.3987 0.4081
April 0.4114 0.4016 0.4053
May 0.4045 0.3981 0.4009
June 0.4125 0.4020 0.4065
July 0.4113 0.4002 0.4063
August 0.4094 0.3991 0.4040
September 0.4144 0.4061 0.4097
October 0.4114 0.4077 0.4096
November 0.4127 0.4024 0.4083
December 0.4048 0.4008 0.4028