2025 TOP to CNY Historical Review

YEARLY HIGH

3.0581 CNY

YEARLY LOW

2.9054 CNY

YEARLY AVERAGE

2.9825 CNY

2025 TOP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the TOP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.0581. Conversely, the yearly low was recorded on December 31, dropping to 2.9054.

This high-to-low spread represents a total annual volatility of 0.1527 CNY. From a start-to-finish perspective, comparing the January average rate of 3.0032 to the December average rate of 2.9250, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 3.0581 was down 1.00% compared to the 2024 peak of 3.0889, 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 15,291 CNY

2024 Average 15,150 CNY

Yearly Trough Low 14,527 CNY

Transaction Impact: A difference of 763.57 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

3.0417

2.9143

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 3.0065, compared to 2.9585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 3.0065

H2 Avg (Jul–Dec) 2.9585

Volatility Range Comparison

Volatility

The most volatile month in 2025 was January, with a trading range of 0.1136 CNY (High: 3.0581 / Low: 2.9445). On the other end, June was the most stable month, with a tight range of 0.0148 CNY (High: 2.9902 / Low: 2.9754).

January Spread (Volatile) ±0.1136

June Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0316 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2025: 3.0032) against the same month in 2024 (average: 3.0188), the exchange rate shifted by -0.0155 (-0.51%).

2025 Avg (January) 3.0032

2024 Avg (January) 3.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0581	2.9445	3.0032
February	3.0356	2.9438	3.0110
March	3.0257	3.0019	3.0115
April	3.0526	3.0184	3.0311
May	3.0298	2.9823	2.9995
June	2.9902	2.9754	2.9827
July	2.9905	2.9712	2.9788
August	2.9952	2.9615	2.9795
September	2.9652	2.9503	2.9588
October	2.9650	2.9482	2.9574
November	2.9612	2.9385	2.9514
December	2.9371	2.9054	2.9250