2016 TOP to CNY Historical Review

YEARLY HIGH

3.1129 CNY

YEARLY LOW

2.8125 CNY

YEARLY AVERAGE

2.9499 CNY

2016 TOP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 3.1129. Conversely, the yearly low was recorded on February 7, dropping to 2.8125.

This high-to-low spread represents a total annual volatility of 0.3004 CNY. From a start-to-finish perspective, comparing the January average rate of 2.9105 to the December average rate of 3.0404, the exchange rate registered a net change of 4.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1129 was down 1.17% compared to the 2015 peak of 3.1498, 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 15,565 CNY

2015 Average 14,817 CNY

Yearly Trough Low 14,062 CNY

Transaction Impact: A difference of 1,502.15 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0741

2.8592

JanuMarcMayJulySeptNove

TOP to CNY 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 2.9026, compared to 2.9971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0944 points.

H1 Avg (Jan–Jun) 2.9026

H2 Avg (Jul–Dec) 2.9971

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1273 CNY (High: 3.1129 / Low: 2.9857). On the other end, March was the most stable month, with a tight range of 0.0222 CNY (High: 2.8988 / Low: 2.8766).

November Spread (Volatile) ±0.1273

March Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0334 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 3.0561) against the same month in 2015 (average: 2.8640), the exchange rate shifted by +0.1922 (+6.71%).

2016 Avg (November) 3.0561

2015 Avg (November) 2.8640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9483	2.8625	2.9105
February	2.9290	2.8125	2.8771
March	2.8988	2.8766	2.8866
April	2.9409	2.8818	2.9066
May	2.9257	2.8854	2.8998
June	2.9888	2.8809	2.9351
July	2.9802	2.9049	2.9475
August	2.9689	2.9253	2.9441
September	2.9808	2.9560	2.9671
October	3.0674	2.9584	3.0272
November	3.1129	2.9857	3.0561
December	3.0858	2.9855	3.0404