YEARLY HIGH
0.6020 CAD
YEARLY LOW
0.5490 CAD
YEARLY AVERAGE
0.5704 CAD

2018 TOP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.6020. Conversely, the yearly low was recorded on January 27, dropping to 0.5490.

This high-to-low spread represents a total annual volatility of 0.0530 CAD. From a start-to-finish perspective, comparing the January average rate of 0.5532 to the December average rate of 0.5907, the exchange rate registered a net change of 6.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6020 was up 1.10% compared to the 2017 peak of 0.5954, 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 3,010 CAD
2017 Average 2,864 CAD
Yearly Trough Low 2,745 CAD
Transaction Impact: A difference of 264.88 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5944
0.5495
JanuMarcMayJulySeptNove

TOP to CAD 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 0.5697, compared to 0.5711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.5697
H2 Avg (Jul–Dec) 0.5711

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0273 CAD (High: 0.5841 / Low: 0.5569). On the other end, January was the most stable month, with a tight range of 0.0085 CAD (High: 0.5576 / Low: 0.5490).

May Spread (Volatile) ±0.0273
January Spread (Stable) ±0.0085

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 March and April, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5907) against the same month in 2017 (average: 0.5576), the exchange rate shifted by +0.0331 (+5.93%).

2018 Avg (December) 0.5907
2017 Avg (December) 0.5576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5576 0.5490 0.5532
February 0.5788 0.5550 0.5680
March 0.5918 0.5753 0.5815
April 0.5809 0.5643 0.5730
May 0.5841 0.5569 0.5684
June 0.5813 0.5659 0.5742
July 0.5738 0.5612 0.5672
August 0.5696 0.5585 0.5646
September 0.5702 0.5556 0.5639
October 0.5714 0.5546 0.5651
November 0.5809 0.5683 0.5752
December 0.6020 0.5763 0.5907