2016 TOP to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 19.5850. Conversely, the yearly low was recorded on February 7, dropping to 16.8965.
This high-to-low spread represents a total annual volatility of 2.6886 GMD. From a start-to-finish perspective, comparing the January average rate of 17.5130 to the December average rate of 18.7978, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 19.5850 was down 10.76% compared to the 2015 peak of 21.9461, 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 2016.
TOP to GMD 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 18.3382, compared to 18.9586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6204 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.8708 GMD (High: 19.1302 / Low: 17.2594). On the other end, September was the most stable month, with a tight range of 0.2351 GMD (High: 19.0742 / Low: 18.8391).
Growth Streaks & Declines
TrendsBetween July and October, 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 November and December, when the average rate fell by 0.2767 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 19.0745) against the same month in 2015 (average: 17.6650), the exchange rate shifted by +1.4095 (+7.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.7157 | 17.0975 | 17.5130 |
| February | 17.5921 | 16.8965 | 17.3411 |
| March | 19.1302 | 17.2594 | 18.0282 |
| April | 19.3880 | 19.0213 | 19.1412 |
| May | 19.2691 | 18.7233 | 18.9877 |
| June | 19.3296 | 18.5784 | 19.0177 |
| July | 19.0804 | 18.6011 | 18.8464 |
| August | 19.0506 | 18.7401 | 18.8866 |
| September | 19.0742 | 18.8391 | 18.9451 |
| October | 19.3840 | 18.9100 | 19.2013 |
| November | 19.5850 | 18.7071 | 19.0745 |
| December | 19.2717 | 18.3345 | 18.7978 |