2019 TOP to CDF Historical Review

YEARLY HIGH

743.1446 CDF

YEARLY LOW

700.9811 CDF

YEARLY AVERAGE

721.5995 CDF

2019 TOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 743.1446. Conversely, the yearly low was recorded on August 25, dropping to 700.9811.

This high-to-low spread represents a total annual volatility of 42.1636 CDF. From a start-to-finish perspective, comparing the January average rate of 721.0043 to the December average rate of 729.7482, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 743.1446 was up 1.24% compared to the 2018 peak of 734.0091, 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 3,715,723 CDF

2018 Average 3,563,123 CDF

Yearly Trough Low 3,504,905 CDF

Transaction Impact: A difference of 210,817.77 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

731.1928

713.8583

JanuMarcMayJulySeptNove

TOP to CDF 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 722.1873, compared to 721.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1755 points.

H1 Avg (Jan–Jun) 722.1873

H2 Avg (Jul–Dec) 721.0117

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 28.5499 CDF (High: 743.1446 / Low: 714.5947). On the other end, May was the most stable month, with a tight range of 6.2374 CDF (High: 720.9379 / Low: 714.7005).

April Spread (Volatile) ±28.5499

May Spread (Stable) ±6.2374

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 12.0440 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 722.2823) against the same month in 2018 (average: 726.1824), the exchange rate shifted by -3.9001 (-0.54%).

2019 Avg (April) 722.2823

2018 Avg (April) 726.1824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	728.6468	710.4124	721.0043
February	732.3406	719.6476	725.5724
March	728.4223	718.5117	723.4216
April	743.1446	714.5947	722.2823
May	720.9379	714.7005	717.7892
June	729.5705	716.4909	723.0537
July	733.5897	723.9932	728.6002
August	724.1759	700.9811	716.5561
September	725.6635	714.0349	717.8268
October	719.7771	709.9408	715.3029
November	725.9639	714.1731	718.0362
December	739.9194	717.3233	729.7482