2022 TOP to BND Historical Review

YEARLY HIGH

0.6048 BND

YEARLY LOW

0.5714 BND

YEARLY AVERAGE

0.5917 BND

2022 TOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.6048. Conversely, the yearly low was recorded on November 13, dropping to 0.5714.

This high-to-low spread represents a total annual volatility of 0.0333 BND. From a start-to-finish perspective, comparing the January average rate of 0.5934 to the December average rate of 0.5761, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6048 was up 0.09% compared to the 2021 peak of 0.6042, 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 3,024 BND

2021 Average 2,966 BND

Yearly Trough Low 2,857 BND

Transaction Impact: A difference of 166.68 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6046

0.5735

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 0.5966, compared to 0.5867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.5966

H2 Avg (Jul–Dec) 0.5867

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0164 BND (High: 0.5878 / Low: 0.5714). On the other end, January was the most stable month, with a tight range of 0.0071 BND (High: 0.5972 / Low: 0.5901).

November Spread (Volatile) ±0.0164

January Spread (Stable) ±0.0071

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 0.0069 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.6001) against the same month in 2021 (average: 0.5886), the exchange rate shifted by +0.0115 (+1.96%).

2022 Avg (March) 0.6001

2021 Avg (March) 0.5886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5972	0.5901	0.5934
February	0.5973	0.5887	0.5939
March	0.6048	0.5943	0.6001
April	0.6047	0.5966	0.6020
May	0.6006	0.5915	0.5951
June	0.5987	0.5907	0.5951
July	0.5976	0.5898	0.5931
August	0.5959	0.5873	0.5921
September	0.5987	0.5845	0.5920
October	0.5917	0.5779	0.5857
November	0.5878	0.5714	0.5816
December	0.5805	0.5719	0.5761