2019 TOP to JPY Historical Review

YEARLY HIGH

50.5022 JPY

YEARLY LOW

45.1818 JPY

YEARLY AVERAGE

47.6051 JPY

2019 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 50.5022. Conversely, the yearly low was recorded on August 25, dropping to 45.1818.

This high-to-low spread represents a total annual volatility of 5.3204 JPY. From a start-to-finish perspective, comparing the January average rate of 48.0499 to the December average rate of 47.4656, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 50.5022 was up 0.26% compared to the 2018 peak of 50.3701, 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 252,511 JPY

2018 Average 242,902 JPY

Yearly Trough Low 225,909 JPY

Transaction Impact: A difference of 26,601.99 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

49.5692

45.5469

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 48.4219, compared to 46.7882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6336 points.

H1 Avg (Jan–Jun) 48.4219

H2 Avg (Jul–Dec) 46.7882

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.8570 JPY (High: 48.9766 / Low: 47.1196). On the other end, July was the most stable month, with a tight range of 0.4619 JPY (High: 47.7128 / Low: 47.2509).

May Spread (Volatile) ±1.8570

July Spread (Stable) ±0.4619

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 1.6253 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.6253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 49.2340) against the same month in 2018 (average: 48.3911), the exchange rate shifted by +0.8429 (+1.74%).

2019 Avg (April) 49.2340

2018 Avg (April) 48.3911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.6232	47.2862	48.0499
February	49.3277	48.4194	48.8825
March	49.4800	48.7006	49.1193
April	50.5022	48.7504	49.2340
May	48.9766	47.1196	48.0064
June	47.6031	46.7426	47.2391
July	47.7128	47.2509	47.5074
August	46.7582	45.1818	45.8821
September	47.0062	45.4606	46.3711
October	46.9742	45.8179	46.5145
November	47.4513	46.6996	46.9889
December	48.0614	46.9705	47.4656