2022 TOP to BIF Historical Review

YEARLY HIGH

914.7204 BIF

YEARLY LOW

837.0272 BIF

YEARLY AVERAGE

876.5105 BIF

2022 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 914.7204. Conversely, the yearly low was recorded on October 23, dropping to 837.0272.

This high-to-low spread represents a total annual volatility of 77.6932 BIF. From a start-to-finish perspective, comparing the January average rate of 879.8654 to the December average rate of 880.9304, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 914.7204 was up 2.37% compared to the 2021 peak of 893.5050, 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 4,573,602 BIF

2021 Average 4,357,941 BIF

Yearly Trough Low 4,185,136 BIF

Transaction Impact: A difference of 388,466.05 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

900.9286

840.1997

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 885.4181, compared to 867.6029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.8152 points.

H1 Avg (Jan–Jun) 885.4181

H2 Avg (Jul–Dec) 867.6029

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 40.9237 BIF (High: 913.1154 / Low: 872.1917). On the other end, July was the most stable month, with a tight range of 10.5215 BIF (High: 879.5795 / Low: 869.0580).

April Spread (Volatile) ±40.9237

July Spread (Stable) ±10.5215

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 20.0137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -20.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 894.1827) against the same month in 2021 (average: 857.4779), the exchange rate shifted by +36.7048 (+4.28%).

2022 Avg (March) 894.1827

2021 Avg (March) 857.4779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	887.2410	870.1758	879.8654
February	894.7960	876.6262	885.4438
March	914.7204	876.2512	894.1827
April	913.1154	872.1917	895.8679
May	892.0587	863.9709	875.8542
June	896.0538	869.0180	881.2947
July	879.5795	869.0580	874.5719
August	887.5044	871.7366	879.2660
September	872.4174	843.7894	862.1409
October	856.1559	837.0272	845.2604
November	877.1980	841.9304	863.4479
December	888.3132	875.4987	880.9304