2019 TOP to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 80.6574. Conversely, the yearly low was recorded on January 22, dropping to 64.5255.
This high-to-low spread represents a total annual volatility of 16.1319 DJF. From a start-to-finish perspective, comparing the January average rate of 78.0920 to the December average rate of 77.4040, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 80.6574 was down 0.57% compared to the 2018 peak of 81.1221, 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 2019.
TOP to DJF 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 78.2692, compared to 77.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1463 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 14.6422 DJF (High: 79.1677 / Low: 64.5255). On the other end, March was the most stable month, with a tight range of 0.5025 DJF (High: 78.9348 / Low: 78.4322).
Growth Streaks & Declines
TrendsBetween 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 1.1601 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 78.4601) against the same month in 2018 (average: 79.5461), the exchange rate shifted by -1.0860 (-1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.1677 | 64.5255 | 78.0920 |
| February | 79.2927 | 78.3788 | 78.8550 |
| March | 78.9348 | 78.4322 | 78.6873 |
| April | 80.6574 | 77.5382 | 78.4601 |
| May | 78.2198 | 77.4092 | 77.7111 |
| June | 78.1840 | 77.3737 | 77.8097 |
| July | 78.5397 | 77.6624 | 78.1397 |
| August | 77.4846 | 76.5044 | 76.9796 |
| September | 77.5784 | 76.4471 | 76.7897 |
| October | 76.9864 | 76.2874 | 76.5880 |
| November | 77.7239 | 76.6833 | 76.8362 |
| December | 78.1636 | 76.6868 | 77.4040 |