YEARLY HIGH
32.2312 INR
YEARLY LOW
27.9448 INR
YEARLY AVERAGE
30.0842 INR

2018 TOP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 32.2312. Conversely, the yearly low was recorded on January 2, dropping to 27.9448.

This high-to-low spread represents a total annual volatility of 4.2863 INR. From a start-to-finish perspective, comparing the January average rate of 28.3251 to the December average rate of 31.0673, the exchange rate registered a net change of 9.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.2312 was up 8.02% compared to the 2017 peak of 29.8394, 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 161,156 INR
2017 Average 143,707 INR
Yearly Trough Low 139,724 INR
Transaction Impact: A difference of 21,431.74 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

32.3108
27.9628
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 29.2833, compared to 30.8851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6018 points.

H1 Avg (Jan–Jun) 29.2833
H2 Avg (Jul–Dec) 30.8851

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.5449 INR (High: 31.9549 / Low: 30.4099). On the other end, March was the most stable month, with a tight range of 0.4587 INR (High: 29.5016 / Low: 29.0429).

December Spread (Volatile) ±1.5449
March Spread (Stable) ±0.4587

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.6338 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 31.9484) against the same month in 2017 (average: 29.0722), the exchange rate shifted by +2.8763 (+9.89%).

2018 Avg (October) 31.9484
2017 Avg (October) 29.0722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8127 27.9448 28.3251
February 29.4266 28.7064 29.1092
March 29.5016 29.0429 29.2513
April 30.1132 28.9879 29.5322
May 30.3795 29.3797 29.8173
June 29.9859 29.2344 29.6645
July 29.8932 29.3430 29.6674
August 30.7565 29.5676 30.0982
September 31.5313 30.7310 31.2142
October 32.2312 31.7354 31.9484
November 31.8306 30.4402 31.3147
December 31.9549 30.4099 31.0673