2021 TOP to JPY Historical Review

YEARLY HIGH

51.1489 JPY

YEARLY LOW

45.1346 JPY

YEARLY AVERAGE

48.4737 JPY

2021 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 51.1489. Conversely, the yearly low was recorded on January 5, dropping to 45.1346.

This high-to-low spread represents a total annual volatility of 6.0143 JPY. From a start-to-finish perspective, comparing the January average rate of 45.5006 to the December average rate of 49.8280, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.1489 was up 5.46% compared to the 2020 peak of 48.5023, 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 255,744 JPY

2020 Average 231,920 JPY

Yearly Trough Low 225,673 JPY

Transaction Impact: A difference of 30,071.51 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

50.9867

45.0018

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 47.4772, compared to 49.4702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9930 points.

H1 Avg (Jan–Jun) 47.4772

H2 Avg (Jul–Dec) 49.4702

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 2.2836 JPY (High: 51.1489 / Low: 48.8653). On the other end, June was the most stable month, with a tight range of 0.7671 JPY (High: 49.6900 / Low: 48.9229).

October Spread (Volatile) ±2.2836

June Spread (Stable) ±0.7671

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6599 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 50.2278) against the same month in 2020 (average: 45.4715), the exchange rate shifted by +4.7562 (+10.46%).

2021 Avg (October) 50.2278

2020 Avg (October) 45.4715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.9691	45.1346	45.5006
February	46.9163	45.5142	45.9425
March	48.3334	46.5677	47.7219
April	48.3693	47.5588	47.9256
May	49.2335	48.0706	48.4908
June	49.6900	48.9229	49.2820
July	49.5313	48.3645	48.8412
August	48.9566	47.9766	48.5264
September	49.3909	48.2937	48.9099
October	51.1489	48.8653	50.2278
November	51.0034	49.5729	50.4880
December	50.6044	49.3323	49.8280