2018 TOP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4094.7643. Conversely, the yearly low was recorded on August 18, dropping to 3867.0647.
This high-to-low spread represents a total annual volatility of 227.6996 GNF. From a start-to-finish perspective, comparing the January average rate of 4009.0275 to the December average rate of 4020.4244, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4094.7643 was down 2.46% compared to the 2017 peak of 4198.0069, 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 2018.
TOP to GNF 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 4019.9102, compared to 3946.7791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 73.1311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 150.0614 GNF (High: 4069.1007 / Low: 3919.0393). On the other end, September was the most stable month, with a tight range of 38.1398 GNF (High: 3950.3787 / Low: 3912.2389).
Growth Streaks & Declines
TrendsBetween 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 74.8443 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 4068.1218) against the same month in 2017 (average: 4149.8295), the exchange rate shifted by -81.7078 (-1.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4072.5950 | 3975.6105 | 4009.0275 |
| February | 4094.7643 | 4032.2039 | 4068.1218 |
| March | 4075.4375 | 4025.5949 | 4051.4968 |
| April | 4084.6199 | 4002.4722 | 4056.2777 |
| May | 4069.1007 | 3919.0393 | 3981.4333 |
| June | 3979.7715 | 3915.8037 | 3953.1042 |
| July | 3939.2929 | 3870.9340 | 3909.4288 |
| August | 3938.4767 | 3867.0647 | 3915.8015 |
| September | 3950.3787 | 3912.2389 | 3923.7819 |
| October | 3963.9167 | 3911.5491 | 3940.1749 |
| November | 4008.0773 | 3932.4024 | 3971.0630 |
| December | 4082.9466 | 3960.8741 | 4020.4244 |