2018 TOP to BSD Historical Review

YEARLY HIGH

0.4543 BSD

YEARLY LOW

0.4281 BSD

YEARLY AVERAGE

0.4402 BSD

2018 TOP to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.4543. Conversely, the yearly low was recorded on July 3, dropping to 0.4281.

This high-to-low spread represents a total annual volatility of 0.0262 BSD. From a start-to-finish perspective, comparing the January average rate of 0.4450 to the December average rate of 0.4392, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4543 was down 0.52% compared to the 2017 peak of 0.4567, 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 2,271 BSD

2017 Average 2,208 BSD

Yearly Trough Low 2,141 BSD

Transaction Impact: A difference of 130.86 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4536

0.4300

JanuMarcMayJulySeptNove

TOP to BSD 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 0.4459, compared to 0.4344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.4459

H2 Avg (Jul–Dec) 0.4344

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0159 BSD (High: 0.4511 / Low: 0.4352). On the other end, September was the most stable month, with a tight range of 0.0000 BSD (High: 0.4328 / Low: 0.4328).

May Spread (Volatile) ±0.0159

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4516) against the same month in 2017 (average: 0.4424), the exchange rate shifted by +0.0093 (+2.09%).

2018 Avg (February) 0.4516

2017 Avg (February) 0.4424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4520	0.4403	0.4450
February	0.4543	0.4480	0.4516
March	0.4523	0.4466	0.4498
April	0.4523	0.4437	0.4497
May	0.4511	0.4352	0.4416
June	0.4404	0.4336	0.4376
July	0.4338	0.4281	0.4320
August	0.4328	0.4328	0.4328
September	0.4328	0.4328	0.4328
October	0.4348	0.4328	0.4338
November	0.4367	0.4341	0.4359
December	0.4440	0.4360	0.4392