2022 TOP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 895.0362. Conversely, the yearly low was recorded on October 26, dropping to 833.0904.
This high-to-low spread represents a total annual volatility of 61.9458 CDF. From a start-to-finish perspective, comparing the January average rate of 881.2301 to the December average rate of 871.7534, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 895.0362 was down 0.51% compared to the 2021 peak of 899.6324, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 877.5783, compared to 856.3664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.2120 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 33.2346 CDF (High: 871.8025 / Low: 838.5678). On the other end, January was the most stable month, with a tight range of 11.3343 CDF (High: 886.1416 / Low: 874.8073).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 19.6942 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 886.6846) against the same month in 2021 (average: 871.7201), the exchange rate shifted by +14.9645 (+1.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 886.1416 | 874.8073 | 881.2301 |
| February | 893.9088 | 877.6674 | 886.2923 |
| March | 895.0362 | 877.0808 | 886.6846 |
| April | 892.8980 | 868.9304 | 885.0857 |
| May | 873.0230 | 854.5853 | 865.3915 |
| June | 871.6005 | 851.0316 | 860.7858 |
| July | 856.5210 | 844.3318 | 850.0865 |
| August | 880.4622 | 852.3613 | 860.5487 |
| September | 867.4981 | 842.5534 | 856.7502 |
| October | 851.3869 | 833.0904 | 840.2492 |
| November | 871.8025 | 838.5678 | 858.8102 |
| December | 879.0250 | 865.9372 | 871.7534 |