2018 TOP to JPY Historical Review

YEARLY HIGH

50.3701 JPY

YEARLY LOW

46.8290 JPY

YEARLY AVERAGE

48.5820 JPY

2018 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 50.3701. Conversely, the yearly low was recorded on March 25, dropping to 46.8290.

This high-to-low spread represents a total annual volatility of 3.5410 JPY. From a start-to-finish perspective, comparing the January average rate of 49.3830 to the December average rate of 49.2510, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 50.3701 was down 1.34% compared to the 2017 peak of 51.0534, 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 251,850 JPY

2017 Average 247,552 JPY

Yearly Trough Low 234,145 JPY

Transaction Impact: A difference of 17,705.23 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.5547

47.5052

JanuMarcMayJulySeptNove

TOP to JPY 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 48.4656, compared to 48.6984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2327 points.

H1 Avg (Jan–Jun) 48.4656

H2 Avg (Jul–Dec) 48.6984

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.3735 JPY (High: 49.5509 / Low: 47.1774). On the other end, November was the most stable month, with a tight range of 0.7040 JPY (High: 49.6459 / Low: 48.9419).

May Spread (Volatile) ±2.3735

November Spread (Stable) ±0.7040

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 1.0542 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 49.2510) against the same month in 2017 (average: 49.3626), the exchange rate shifted by -0.1115 (-0.23%).

2018 Avg (December) 49.2510

2017 Avg (December) 49.3626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.1581	48.3881	49.3830
February	50.0156	47.6752	48.7302
March	48.1519	46.8290	47.6760
April	49.3480	47.4277	48.3911
May	49.5509	47.1774	48.4295
June	48.6645	47.7806	48.1839
July	48.8876	47.2720	48.1218
August	48.3460	47.5876	48.0406
September	49.2519	47.8200	48.4922
October	49.7835	48.5018	48.9006
November	49.6459	48.9419	49.3839
December	50.3701	48.0998	49.2510