2020 TOP to JPY Historical Review

YEARLY HIGH

48.5023 JPY

YEARLY LOW

44.6629 JPY

YEARLY AVERAGE

46.3887 JPY

2020 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 48.5023. Conversely, the yearly low was recorded on March 9, dropping to 44.6629.

This high-to-low spread represents a total annual volatility of 3.8394 JPY. From a start-to-finish perspective, comparing the January average rate of 47.5633 to the December average rate of 45.4287, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 48.5023 was down 3.96% compared to the 2019 peak of 50.5022, 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 242,511 JPY

2019 Average 237,981 JPY

Yearly Trough Low 223,315 JPY

Transaction Impact: A difference of 19,196.87 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

47.7868

45.1047

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 46.8157, compared to 45.9618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8539 points.

H1 Avg (Jan–Jun) 46.8157

H2 Avg (Jul–Dec) 45.9618

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9461 JPY (High: 46.6090 / Low: 44.6629). On the other end, December was the most stable month, with a tight range of 0.5486 JPY (High: 45.6850 / Low: 45.1365).

March Spread (Volatile) ±1.9461

December Spread (Stable) ±0.5486

Growth Streaks & Declines

Trends

Between March and June, 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 1.6096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 47.4073) against the same month in 2019 (average: 47.2391), the exchange rate shifted by +0.1682 (+0.36%).

2020 Avg (June) 47.4073

2019 Avg (June) 47.2391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.0240	46.7921	47.5633
February	48.3360	46.6156	47.4485
March	46.6090	44.6629	45.8388
April	46.5055	45.6844	46.1755
May	47.0932	45.8107	46.4608
June	48.5023	46.7542	47.4073
July	47.1946	46.0771	46.8290
August	46.8618	46.0607	46.4779
September	46.9170	45.5668	46.2354
October	45.8242	44.9897	45.4715
November	45.8317	44.8113	45.3282
December	45.6850	45.1365	45.4287