2022 TOP to JPY Historical Review

YEARLY HIGH

61.4757 JPY

YEARLY LOW

49.9999 JPY

YEARLY AVERAGE

56.3026 JPY

2022 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 61.4757. Conversely, the yearly low was recorded on January 22, dropping to 49.9999.

This high-to-low spread represents a total annual volatility of 11.4757 JPY. From a start-to-finish perspective, comparing the January average rate of 50.4691 to the December average rate of 57.4397, the exchange rate registered a net change of 13.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 61.4757 was up 20.19% compared to the 2021 peak of 51.1489, 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 307,378 JPY

2021 Average 242,436 JPY

Yearly Trough Low 250,000 JPY

Transaction Impact: A difference of 57,378.57 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

61.3562

49.4794

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 53.7465, compared to 58.8587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1122 points.

H1 Avg (Jan–Jun) 53.7465

H2 Avg (Jul–Dec) 58.8587

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 4.5847 JPY (High: 54.9339 / Low: 50.3493). On the other end, February was the most stable month, with a tight range of 0.9019 JPY (High: 51.1924 / Low: 50.2904).

March Spread (Volatile) ±4.5847

February Spread (Stable) ±0.9019

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 1.9985 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 60.3665) against the same month in 2021 (average: 50.2278), the exchange rate shifted by +10.1388 (+20.19%).

2022 Avg (October) 60.3665

2021 Avg (October) 50.2278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.9837	49.9999	50.4691
February	51.1924	50.2904	50.8294
March	54.9339	50.3493	52.4172
April	56.8322	54.4210	55.6504
May	56.5762	54.7626	55.4687
June	58.3367	56.3323	57.6440
July	58.9829	57.0013	58.0107
August	59.0941	56.2473	57.9303
September	61.1966	59.2420	59.9667
October	61.4757	59.2144	60.3665
November	61.4080	58.0498	59.4382
December	59.0163	56.0018	57.4397