2023 TOP to AUD Historical Review

YEARLY HIGH

0.6669 AUD

YEARLY LOW

0.6042 AUD

YEARLY AVERAGE

0.6374 AUD

2023 TOP to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.6669. Conversely, the yearly low was recorded on February 1, dropping to 0.6042.

This high-to-low spread represents a total annual volatility of 0.0628 AUD. From a start-to-finish perspective, comparing the January average rate of 0.6169 to the December average rate of 0.6349, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6669 was up 1.10% compared to the 2022 peak of 0.6597, 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 3,335 AUD

2022 Average 3,092 AUD

Yearly Trough Low 3,021 AUD

Transaction Impact: A difference of 313.82 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6613

0.6129

JanuMarcMayJulySeptNove

TOP to AUD 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 0.6297, compared to 0.6451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.6297

H2 Avg (Jul–Dec) 0.6451

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0299 AUD (High: 0.6345 / Low: 0.6046). On the other end, September was the most stable month, with a tight range of 0.0121 AUD (High: 0.6586 / Low: 0.6465).

January Spread (Volatile) ±0.0299

September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0117 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6572) against the same month in 2022 (average: 0.6456), the exchange rate shifted by +0.0116 (+1.79%).

2023 Avg (October) 0.6572

2022 Avg (October) 0.6456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6345	0.6046	0.6169
February	0.6320	0.6042	0.6214
March	0.6431	0.6268	0.6346
April	0.6412	0.6262	0.6356
May	0.6479	0.6276	0.6384
June	0.6433	0.6200	0.6311
July	0.6411	0.6171	0.6329
August	0.6560	0.6409	0.6490
September	0.6586	0.6465	0.6512
October	0.6669	0.6501	0.6572
November	0.6570	0.6352	0.6455
December	0.6468	0.6255	0.6349