2016 TOP to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 30.6614. Conversely, the yearly low was recorded on February 7, dropping to 28.9942.
This high-to-low spread represents a total annual volatility of 1.6672 INR. From a start-to-finish perspective, comparing the January average rate of 29.8267 to the December average rate of 29.7740, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 30.6614 was down 4.79% compared to the 2015 peak of 32.2026, 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 2016.
TOP to INR 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 29.8391, compared to 29.8321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.4244 INR (High: 30.4186 / Low: 28.9942). On the other end, September was the most stable month, with a tight range of 0.3066 INR (High: 29.8370 / Low: 29.5304).
Growth Streaks & Declines
TrendsBetween August and November, 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 November and December, when the average rate fell by 0.4498 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 29.9696) against the same month in 2015 (average: 30.5437), the exchange rate shifted by -0.5741 (-1.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.2749 | 29.4467 | 29.8267 |
| February | 30.4186 | 28.9942 | 29.9905 |
| March | 29.8782 | 29.5704 | 29.6972 |
| April | 30.1771 | 29.5412 | 29.8215 |
| May | 29.9847 | 29.4648 | 29.7293 |
| June | 30.6614 | 29.3789 | 29.9696 |
| July | 29.9964 | 29.2089 | 29.6479 |
| August | 29.8465 | 29.4248 | 29.6381 |
| September | 29.8370 | 29.5304 | 29.6815 |
| October | 30.3306 | 29.5428 | 30.0273 |
| November | 30.5301 | 29.4454 | 30.2237 |
| December | 30.3830 | 29.1354 | 29.7740 |