2018 TOP to GMD Historical Review

YEARLY HIGH

22.0022 GMD

YEARLY LOW

20.2166 GMD

YEARLY AVERAGE

21.1637 GMD

2018 TOP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 22.0022. Conversely, the yearly low was recorded on July 3, dropping to 20.2166.

This high-to-low spread represents a total annual volatility of 1.7855 GMD. From a start-to-finish perspective, comparing the January average rate of 21.3629 to the December average rate of 21.7234, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.0022 was up 3.16% compared to the 2017 peak of 21.3284, 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 110,011 GMD

2017 Average 101,160 GMD

Yearly Trough Low 101,083 GMD

Transaction Impact: A difference of 8,927.66 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.8350

20.4958

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21.1233, compared to 21.2040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0807 points.

H1 Avg (Jan–Jun) 21.1233

H2 Avg (Jul–Dec) 21.2040

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.0137 GMD (High: 21.9920 / Low: 20.9784). On the other end, August was the most stable month, with a tight range of 0.0844 GMD (High: 20.8588 / Low: 20.7744).

January Spread (Volatile) ±1.0137

August Spread (Stable) ±0.0844

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4083 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 21.7234) against the same month in 2017 (average: 20.7731), the exchange rate shifted by +0.9503 (+4.57%).

2018 Avg (December) 21.7234

2017 Avg (December) 20.7731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.9920	20.9784	21.3629
February	21.7263	21.1691	21.3805
March	21.4657	21.1769	21.2789
April	21.4002	20.8977	21.2365
May	21.2806	20.5233	20.8282
June	20.7939	20.4485	20.6531
July	20.8062	20.2166	20.6074
August	20.8588	20.7744	20.8197
September	21.3349	20.7765	21.0079
October	21.5569	21.3078	21.4674
November	21.7360	21.4789	21.5981
December	22.0022	21.5166	21.7234