2023 TOP to KPW Historical Review

YEARLY HIGH

389.5407 KPW

YEARLY LOW

373.3541 KPW

YEARLY AVERAGE

381.0685 KPW

2023 TOP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 389.5407. Conversely, the yearly low was recorded on October 29, dropping to 373.3541.

This high-to-low spread represents a total annual volatility of 16.1866 KPW. From a start-to-finish perspective, comparing the January average rate of 386.3532 to the December average rate of 383.0083, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 389.5407 was down 2.72% compared to the 2022 peak of 400.4353, 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 1,947,704 KPW

2022 Average 1,931,630 KPW

Yearly Trough Low 1,866,771 KPW

Transaction Impact: A difference of 80,933.07 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

387.4462

374.3295

JanuMarcMayJulySeptNove

TOP to KPW 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 383.1121, compared to 379.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0871 points.

H1 Avg (Jan–Jun) 383.1121

H2 Avg (Jul–Dec) 379.0249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 8.2045 KPW (High: 389.2818 / Low: 381.0772). On the other end, September was the most stable month, with a tight range of 2.2081 KPW (High: 377.5188 / Low: 375.3107).

February Spread (Volatile) ±8.2045

September Spread (Stable) ±2.2081

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 4.8554 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.8554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 386.3532) against the same month in 2022 (average: 395.5059), the exchange rate shifted by -9.1528 (-2.31%).

2023 Avg (January) 386.3532

2022 Avg (January) 395.5059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	389.5407	382.3390	386.3532
February	389.2818	381.0772	385.0893
March	383.6909	379.0064	381.5856
April	384.1434	380.0870	382.4421
May	384.4977	377.9248	381.5291
June	384.9895	377.9248	381.6731
July	387.7342	379.9071	383.2896
August	382.9181	376.1650	378.4343
September	377.5188	375.3107	376.3934
October	377.6999	373.3541	375.4225
November	381.8371	374.1443	377.6016
December	386.1612	380.4885	383.0083