2020 TOP to BND Historical Review

YEARLY HIGH

0.6203 BND

YEARLY LOW

0.5800 BND

YEARLY AVERAGE

0.5993 BND

2020 TOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.6203. Conversely, the yearly low was recorded on December 17, dropping to 0.5800.

This high-to-low spread represents a total annual volatility of 0.0403 BND. From a start-to-finish perspective, comparing the January average rate of 0.5882 to the December average rate of 0.5834, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6203 was down 11.62% compared to the 2019 peak of 0.7018, 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 3,101 BND

2019 Average 3,001 BND

Yearly Trough Low 2,900 BND

Transaction Impact: A difference of 201.27 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6170

0.5803

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 0.6047, compared to 0.5940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.6047

H2 Avg (Jul–Dec) 0.5940

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0154 BND (High: 0.6048 / Low: 0.5894). On the other end, November was the most stable month, with a tight range of 0.0048 BND (High: 0.5880 / Low: 0.5831).

February Spread (Volatile) ±0.0154

November Spread (Stable) ±0.0048

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 September and October, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.6136) against the same month in 2019 (average: 0.5907), the exchange rate shifted by +0.0229 (+3.88%).

2020 Avg (June) 0.6136

2019 Avg (June) 0.5907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5917	0.5858	0.5882
February	0.6048	0.5894	0.5997
March	0.6097	0.5948	0.6028
April	0.6156	0.6018	0.6098
May	0.6189	0.6074	0.6139
June	0.6203	0.6080	0.6136
July	0.6122	0.6036	0.6090
August	0.6053	0.5959	0.6005
September	0.6035	0.5910	0.5978
October	0.5923	0.5835	0.5875
November	0.5880	0.5831	0.5856
December	0.5867	0.5800	0.5834