2017 TOP to CNY Historical Review

YEARLY HIGH

3.0840 CNY

YEARLY LOW

2.8568 CNY

YEARLY AVERAGE

2.9834 CNY

2017 TOP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 3.0840. Conversely, the yearly low was recorded on November 26, dropping to 2.8568.

This high-to-low spread represents a total annual volatility of 0.2273 CNY. From a start-to-finish perspective, comparing the January average rate of 2.9972 to the December average rate of 2.8813, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.0840 was down 0.93% compared to the 2016 peak of 3.1129, 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 15,420 CNY

2016 Average 14,750 CNY

Yearly Trough Low 14,284 CNY

Transaction Impact: A difference of 1,136.38 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.0582

2.8652

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 3.0031, compared to 2.9638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 3.0031

H2 Avg (Jul–Dec) 2.9638

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1419 CNY (High: 3.0840 / Low: 2.9421). On the other end, December was the most stable month, with a tight range of 0.0268 CNY (High: 2.8960 / Low: 2.8692).

August Spread (Volatile) ±0.1419

December Spread (Stable) ±0.0268

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 August and September, when the average rate fell by 0.0583 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 3.0270) against the same month in 2016 (average: 2.9441), the exchange rate shifted by +0.0829 (+2.82%).

2017 Avg (August) 3.0270

2016 Avg (August) 2.9441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0104	2.9751	2.9972
February	3.0697	2.9974	3.0421
March	3.0660	2.9729	3.0149
April	3.0112	2.9492	2.9991
May	2.9887	2.9411	2.9721
June	3.0245	2.9617	2.9932
July	3.0576	2.9811	3.0272
August	3.0840	2.9421	3.0270
September	2.9941	2.9295	2.9687
October	2.9948	2.9294	2.9619
November	2.9459	2.8568	2.9166
December	2.8960	2.8692	2.8813