2018 TOP to BND Historical Review

YEARLY HIGH

0.6998 BND

YEARLY LOW

0.5786 BND

YEARLY AVERAGE

0.6193 BND

2018 TOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.6998. Conversely, the yearly low was recorded on May 17, dropping to 0.5786.

This high-to-low spread represents a total annual volatility of 0.1212 BND. From a start-to-finish perspective, comparing the January average rate of 0.5882 to the December average rate of 0.6893, the exchange rate registered a net change of 17.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6998 was up 10.85% compared to the 2017 peak of 0.6314, 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 3,499 BND

2017 Average 3,047 BND

Yearly Trough Low 2,893 BND

Transaction Impact: A difference of 606.14 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6994

0.5781

JanuMarcMayJulySeptNove

TOP to BND 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 0.5989, compared to 0.6397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0408 points.

H1 Avg (Jan–Jun) 0.5989

H2 Avg (Jul–Dec) 0.6397

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0982 BND (High: 0.6998 / Low: 0.6016). On the other end, February was the most stable month, with a tight range of 0.0107 BND (High: 0.6001 / Low: 0.5894).

December Spread (Volatile) ±0.0982

February Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0290 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.6893) against the same month in 2017 (average: 0.5884), the exchange rate shifted by +0.1009 (+17.16%).

2018 Avg (December) 0.6893

2017 Avg (December) 0.5884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5929	0.5810	0.5882
February	0.6001	0.5894	0.5961
March	0.5984	0.5865	0.5916
April	0.5992	0.5868	0.5921
May	0.6547	0.5786	0.5969
June	0.6643	0.5816	0.6281
July	0.6544	0.5793	0.6133
August	0.6540	0.5904	0.6518
September	0.6540	0.5898	0.6400
October	0.6149	0.5976	0.6110
November	0.6883	0.5960	0.6326
December	0.6998	0.6016	0.6893