2021 TOP to DJF Historical Review

YEARLY HIGH

80.2652 DJF

YEARLY LOW

77.2050 DJF

YEARLY AVERAGE

78.5774 DJF

2021 TOP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 80.2652. Conversely, the yearly low was recorded on February 7, dropping to 77.2050.

This high-to-low spread represents a total annual volatility of 3.0602 DJF. From a start-to-finish perspective, comparing the January average rate of 78.1083 to the December average rate of 77.9307, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 80.2652 was up 1.43% compared to the 2020 peak of 79.1314, 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 401,326 DJF

2020 Average 386,783 DJF

Yearly Trough Low 386,025 DJF

Transaction Impact: A difference of 15,300.83 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

79.8698

77.3581

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 78.4391, compared to 78.7156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2765 points.

H1 Avg (Jan–Jun) 78.4391

H2 Avg (Jul–Dec) 78.7156

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.7566 DJF (High: 79.6502 / Low: 77.8937). On the other end, December was the most stable month, with a tight range of 0.6451 DJF (High: 78.2434 / Low: 77.5984).

November Spread (Volatile) ±1.7566

December Spread (Stable) ±0.6451

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9175 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 79.6605) against the same month in 2020 (average: 78.4011), the exchange rate shifted by +1.2594 (+1.61%).

2021 Avg (June) 79.6605

2020 Avg (June) 78.4011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.7870	77.4157	78.1083
February	78.3314	77.2050	77.5674
March	78.7566	77.4742	78.0636
April	78.8008	77.5389	78.1800
May	79.7438	78.2227	79.0550
June	80.2652	78.9020	79.6605
July	79.1903	78.5223	78.8180
August	79.3122	77.8414	78.6496
September	79.5078	78.2109	79.0420
October	79.7232	78.3938	79.0051
November	79.6502	77.8937	78.8482
December	78.2434	77.5984	77.9307