2022 TOP to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 26.7130. Conversely, the yearly low was recorded on September 26, dropping to 22.6781.
This high-to-low spread represents a total annual volatility of 4.0349 GMD. From a start-to-finish perspective, comparing the January average rate of 23.2044 to the December average rate of 26.4503, the exchange rate registered a net change of 13.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 26.7130 was up 14.74% compared to the 2021 peak of 23.2822, 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 2022.
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 23.4220, compared to 24.1016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6796 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 2.0402 GMD (High: 26.2397 / Low: 24.1994). On the other end, July was the most stable month, with a tight range of 0.2379 GMD (High: 23.0851 / Low: 22.8472).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.5330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 26.4503) against the same month in 2021 (average: 22.9904), the exchange rate shifted by +3.4600 (+15.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3911 | 23.1118 | 23.2044 |
| February | 23.6453 | 23.2059 | 23.4335 |
| March | 24.1857 | 23.2584 | 23.6414 |
| April | 23.9840 | 23.3505 | 23.7660 |
| May | 23.5513 | 22.8717 | 23.2330 |
| June | 23.5513 | 23.0146 | 23.2537 |
| July | 23.0851 | 22.8472 | 22.9889 |
| August | 23.4407 | 23.0513 | 23.2445 |
| September | 23.3902 | 22.6781 | 22.9967 |
| October | 24.2201 | 22.7688 | 23.2875 |
| November | 26.2397 | 24.1994 | 25.6419 |
| December | 26.7130 | 26.2434 | 26.4503 |