2022 TOP to GNF Historical Review

YEARLY HIGH

4106.8669 GNF

YEARLY LOW

3505.8890 GNF

YEARLY AVERAGE

3782.8194 GNF

2022 TOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 4106.8669. Conversely, the yearly low was recorded on November 6, dropping to 3505.8890.

This high-to-low spread represents a total annual volatility of 600.9780 GNF. From a start-to-finish perspective, comparing the January average rate of 3997.2755 to the December average rate of 3705.9796, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 4106.8669 was down 9.60% compared to the 2021 peak of 4543.0602, 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 20,534,335 GNF

2021 Average 21,717,440 GNF

Yearly Trough Low 17,529,445 GNF

Transaction Impact: A difference of 3,004,889.84 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

4040.4673

3522.1659

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3904.9991, compared to 3660.6397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 244.3593 points.

H1 Avg (Jan–Jun) 3904.9991

H2 Avg (Jul–Dec) 3660.6397

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 229.8674 GNF (High: 3735.7564 / Low: 3505.8890). On the other end, March was the most stable month, with a tight range of 73.7983 GNF (High: 3989.8057 / Low: 3916.0073).

November Spread (Volatile) ±229.8674

March Spread (Stable) ±73.7983

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 118.3630 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -118.3630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 3997.2755) against the same month in 2021 (average: 4474.1676), the exchange rate shifted by -476.8921 (-10.66%).

2022 Avg (January) 3997.2755

2021 Avg (January) 4474.1676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4106.8669	3959.0519	3997.2755
February	4012.6714	3917.9131	3976.2319
March	3989.8057	3916.0073	3951.3280
April	3975.9113	3803.1363	3920.2621
May	3850.6565	3744.6735	3801.8991
June	3858.0919	3699.9591	3782.9976
July	3770.7052	3661.7504	3693.8962
August	3796.5580	3670.8358	3717.1135
September	3697.0529	3572.0037	3644.8424
October	3607.1172	3506.9437	3565.3577
November	3735.7564	3505.8890	3636.6490
December	3746.2569	3669.8631	3705.9796