2023 TOP to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TOP to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TOP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 80.8686. Conversely, the yearly low was recorded on March 22, dropping to 65.1888.
This high-to-low spread represents a total annual volatility of 15.6798 LRD. From a start-to-finish perspective, comparing the January average rate of 66.7019 to the December average rate of 80.1042, the exchange rate registered a net change of 20.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 80.8686 was up 18.27% compared to the 2022 peak of 68.3740, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TOP to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.2387, compared to 78.5620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3234 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 5.3942 LRD (High: 76.4126 / Low: 71.0184). On the other end, September was the most stable month, with a tight range of 0.4530 LRD (High: 78.1215 / Low: 77.6685).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4075 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 80.1042) against the same month in 2022 (average: 65.7143), the exchange rate shifted by +14.3899 (+21.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.8450 | 65.6493 | 66.7019 |
| February | 67.8864 | 65.3571 | 66.9474 |
| March | 69.0450 | 65.1888 | 67.6183 |
| April | 69.9200 | 69.0237 | 69.3143 |
| May | 71.2964 | 69.9401 | 70.7871 |
| June | 76.4126 | 71.0184 | 74.0629 |
| July | 79.2968 | 76.0236 | 78.2428 |
| August | 79.3491 | 77.7399 | 78.3406 |
| September | 78.1215 | 77.6685 | 77.9331 |
| October | 78.4042 | 77.5739 | 77.9555 |
| November | 79.7827 | 77.9467 | 78.7961 |
| December | 80.8686 | 79.5619 | 80.1042 |