2018 TOP to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 29.2833, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |