2020 TOP to ALL Historical Review

YEARLY HIGH

55.0473 ALL

YEARLY LOW

38.2469 ALL

YEARLY AVERAGE

47.1687 ALL

2020 TOP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 55.0473. Conversely, the yearly low was recorded on July 19, dropping to 38.2469.

This high-to-low spread represents a total annual volatility of 16.8005 ALL. From a start-to-finish perspective, comparing the January average rate of 47.8607 to the December average rate of 44.4386, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 55.0473 was up 8.78% compared to the 2019 peak of 50.6060, 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 275,237 ALL

2019 Average 239,876 ALL

Yearly Trough Low 191,234 ALL

Transaction Impact: A difference of 84,002.27 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

49.9176

43.9405

JanuMarcMayJulySeptNove

TOP to ALL 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 48.5583, compared to 45.7792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7791 points.

H1 Avg (Jan–Jun) 48.5583

H2 Avg (Jul–Dec) 45.7792

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 10.0875 ALL (High: 48.3344 / Low: 38.2469). On the other end, November was the most stable month, with a tight range of 0.5031 ALL (High: 45.7451 / Low: 45.2419).

July Spread (Volatile) ±10.0875

November Spread (Stable) ±0.5031

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 June and July, when the average rate fell by 1.3862 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 49.3543) against the same month in 2019 (average: 48.0008), the exchange rate shifted by +1.3534 (+2.82%).

2020 Avg (May) 49.3543

2019 Avg (May) 48.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.2356	47.5066	47.8607
February	48.9208	47.5066	48.3258
March	50.6920	46.3489	47.7585
April	49.9271	48.8153	49.4195
May	55.0473	48.6923	49.3543
June	49.0326	48.2609	48.6310
July	48.3344	38.2469	47.2448
August	46.4781	45.4424	45.9652
September	46.3808	45.7696	46.0531
October	45.9712	45.0978	45.5480
November	45.7451	45.2419	45.4252
December	45.2220	44.0955	44.4386