2019 TOP to GMD Historical Review

YEARLY HIGH

22.5342 GMD

YEARLY LOW

21.4535 GMD

YEARLY AVERAGE

21.8698 GMD

2019 TOP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 22.5342. Conversely, the yearly low was recorded on June 3, dropping to 21.4535.

This high-to-low spread represents a total annual volatility of 1.0807 GMD. From a start-to-finish perspective, comparing the January average rate of 21.8323 to the December average rate of 22.3203, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.5342 was up 2.42% compared to the 2018 peak of 22.0022, 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 112,671 GMD

2018 Average 105,812 GMD

Yearly Trough Low 107,268 GMD

Transaction Impact: A difference of 5,403.66 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.3859

21.5991

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 21.8162, compared to 21.9235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1073 points.

H1 Avg (Jan–Jun) 21.8162

H2 Avg (Jul–Dec) 21.9235

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.9281 GMD (High: 22.5342 / Low: 21.6062). On the other end, August was the most stable month, with a tight range of 0.1717 GMD (High: 21.7587 / Low: 21.5870).

April Spread (Volatile) ±0.9281

August Spread (Stable) ±0.1717

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.1994 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 21.8522) against the same month in 2018 (average: 21.2365), the exchange rate shifted by +0.6158 (+2.90%).

2019 Avg (April) 21.8522

2018 Avg (April) 21.2365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.0096	21.5434	21.8323
February	22.0443	21.8228	21.9457
March	22.0277	21.8131	21.9329
April	22.5342	21.6062	21.8522
May	21.8389	21.5742	21.6647
June	21.8300	21.4535	21.6694
July	22.0363	21.7839	21.8844
August	21.7587	21.5870	21.6850
September	21.9639	21.5370	21.7290
October	22.1265	21.6433	21.8281
November	22.3939	21.9209	22.0940
December	22.5181	22.0496	22.3203