YEARLY HIGH
0.8962 BZD
YEARLY LOW
0.8316 BZD
YEARLY AVERAGE
0.8755 BZD

2020 TOP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.8962. Conversely, the yearly low was recorded on March 23, dropping to 0.8316.

This high-to-low spread represents a total annual volatility of 0.0646 BZD. From a start-to-finish perspective, comparing the January average rate of 0.8776 to the December average rate of 0.8827, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8962 was down 1.11% compared to the 2019 peak of 0.9063, 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 4,481 BZD
2019 Average 4,399 BZD
Yearly Trough Low 4,158 BZD
Transaction Impact: A difference of 322.93 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8907
0.8537
JanuMarcMayJulySeptNove

TOP to BZD 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 0.8711, compared to 0.8798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.8711
H2 Avg (Jul–Dec) 0.8798

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0417 BZD (High: 0.8734 / Low: 0.8316). On the other end, February was the most stable month, with a tight range of 0.0040 BZD (High: 0.8727 / Low: 0.8687).

March Spread (Volatile) ±0.0417
February Spread (Stable) ±0.0040

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 February and March, when the average rate fell by 0.0134 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.8877) against the same month in 2019 (average: 0.8809), the exchange rate shifted by +0.0067 (+0.76%).

2020 Avg (June) 0.8877
2019 Avg (June) 0.8809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8866 0.8701 0.8776
February 0.8727 0.8687 0.8702
March 0.8734 0.8316 0.8568
April 0.8738 0.8453 0.8614
May 0.8802 0.8667 0.8730
June 0.8962 0.8784 0.8877
July 0.8888 0.8811 0.8839
August 0.8899 0.8770 0.8830
September 0.8913 0.8700 0.8824
October 0.8753 0.8664 0.8710
November 0.8815 0.8661 0.8758
December 0.8862 0.8800 0.8827