2018 TOP to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 9.1702. Conversely, the yearly low was recorded on August 7, dropping to 7.9886.
This high-to-low spread represents a total annual volatility of 1.1816 MXN. From a start-to-finish perspective, comparing the January average rate of 8.4148 to the December average rate of 8.8198, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 9.1702 was down 4.19% compared to the 2017 peak of 9.5709, 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 2018.
TOP to MXN 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 8.4935, compared to 8.4243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0692 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.7256 MXN (High: 8.8240 / Low: 8.0985). On the other end, February was the most stable month, with a tight range of 0.2507 MXN (High: 8.5507 / Low: 8.3000).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6636 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 8.8713) against the same month in 2017 (average: 7.9805), the exchange rate shifted by +0.8908 (+11.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.6839 | 8.2368 | 8.4148 |
| February | 8.5507 | 8.3000 | 8.4191 |
| March | 8.5014 | 8.1416 | 8.3632 |
| April | 8.5252 | 8.1044 | 8.2622 |
| May | 8.8330 | 8.4160 | 8.6305 |
| June | 9.1702 | 8.5765 | 8.8713 |
| July | 8.6557 | 8.0211 | 8.2077 |
| August | 8.3043 | 7.9886 | 8.1575 |
| September | 8.3889 | 8.0826 | 8.2226 |
| October | 8.8240 | 8.0985 | 8.3216 |
| November | 8.9857 | 8.5828 | 8.8164 |
| December | 8.9960 | 8.6362 | 8.8198 |