2018 TOP to BIF Historical Review

YEARLY HIGH

810.3728 BIF

YEARLY LOW

757.1081 BIF

YEARLY AVERAGE

782.4259 BIF

2018 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 810.3728. Conversely, the yearly low was recorded on July 3, dropping to 757.1081.

This high-to-low spread represents a total annual volatility of 53.2647 BIF. From a start-to-finish perspective, comparing the January average rate of 784.6651 to the December average rate of 793.7948, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 810.3728 was up 1.32% compared to the 2017 peak of 799.7770, 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 4,051,864 BIF

2017 Average 3,803,728 BIF

Yearly Trough Low 3,785,540 BIF

Transaction Impact: A difference of 266,323.51 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

800.3262

761.9903

JanuMarcMayJulySeptNove

TOP to BIF 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 788.5776, compared to 776.2742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3034 points.

H1 Avg (Jan–Jun) 788.5776

H2 Avg (Jul–Dec) 776.2742

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 37.6073 BIF (High: 802.9933 / Low: 765.3860). On the other end, September was the most stable month, with a tight range of 6.7593 BIF (High: 772.9801 / Low: 766.2209).

May Spread (Volatile) ±37.6073

September Spread (Stable) ±6.7593

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 14.4280 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.4280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 793.7948) against the same month in 2017 (average: 768.7006), the exchange rate shifted by +25.0942 (+3.26%).

2018 Avg (December) 793.7948

2017 Avg (December) 768.7006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	800.4444	773.3108	784.6651
February	804.5537	788.9430	797.1315
March	802.4731	786.6922	794.4640
April	806.5202	783.8918	796.7781
May	802.9933	765.3860	782.3501
June	786.2971	768.4173	776.0768
July	773.9092	757.1081	765.1850
August	772.9801	762.9394	768.4346
September	772.9801	766.2209	768.5301
October	788.4137	767.6773	777.1846
November	792.8833	771.9861	784.5162
December	810.3728	779.6414	793.7948