2018 TOP to BTN Historical Review

YEARLY HIGH

32.2417 BTN

YEARLY LOW

27.9666 BTN

YEARLY AVERAGE

30.0709 BTN

2018 TOP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 32.2417. Conversely, the yearly low was recorded on January 2, dropping to 27.9666.

This high-to-low spread represents a total annual volatility of 4.2751 BTN. From a start-to-finish perspective, comparing the January average rate of 28.3173 to the December average rate of 31.0253, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.2417 was up 7.51% compared to the 2017 peak of 29.9886, 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 161,209 BTN

2017 Average 143,637 BTN

Yearly Trough Low 139,833 BTN

Transaction Impact: A difference of 21,375.54 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

32.2900

27.9561

JanuMarcMayJulySeptNove

TOP to BTN 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 29.2709, compared to 30.8709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5999 points.

H1 Avg (Jan–Jun) 29.2709

H2 Avg (Jul–Dec) 30.8709

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.5336 BTN (High: 31.9399 / Low: 30.4063). On the other end, March was the most stable month, with a tight range of 0.3920 BTN (High: 29.3991 / Low: 29.0071).

November Spread (Volatile) ±1.5336

March Spread (Stable) ±0.3920

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 October and November, when the average rate fell by 0.6119 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 31.9288) against the same month in 2017 (average: 29.0864), the exchange rate shifted by +2.8424 (+9.77%).

2018 Avg (October) 31.9288

2017 Avg (October) 29.0864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.7603	27.9666	28.3173
February	29.3898	28.7051	29.0743
March	29.3991	29.0071	29.2477
April	30.1907	29.0493	29.5296
May	30.3631	29.3805	29.8001
June	29.9065	29.3757	29.6565
July	29.8743	29.3676	29.6662
August	30.7071	29.6312	30.1015
September	31.4568	30.7071	31.1865
October	32.2417	31.5335	31.9288
November	31.9399	30.4063	31.3169
December	31.9410	30.5402	31.0253