2018 TOP to NZD Historical Review

YEARLY HIGH

0.6737 NZD

YEARLY LOW

0.6055 NZD

YEARLY AVERAGE

0.6363 NZD

2018 TOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.6737. Conversely, the yearly low was recorded on January 23, dropping to 0.6055.

This high-to-low spread represents a total annual volatility of 0.0683 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6136 to the December average rate of 0.6454, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6737 was up 3.25% compared to the 2017 peak of 0.6525, 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 3,369 NZD

2017 Average 3,106 NZD

Yearly Trough Low 3,027 NZD

Transaction Impact: A difference of 341.34 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6702

0.6084

JanuMarcMayJulySeptNove

TOP to NZD 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 0.6233, compared to 0.6493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.6233

H2 Avg (Jul–Dec) 0.6493

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.0310 NZD (High: 0.6390 / Low: 0.6080). On the other end, March was the most stable month, with a tight range of 0.0106 NZD (High: 0.6247 / Low: 0.6141).

April Spread (Volatile) ±0.0310

March Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0216 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.6650) against the same month in 2017 (average: 0.6343), the exchange rate shifted by +0.0307 (+4.84%).

2018 Avg (October) 0.6650

2017 Avg (October) 0.6343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6237	0.6055	0.6136
February	0.6258	0.6074	0.6184
March	0.6247	0.6141	0.6202
April	0.6390	0.6080	0.6214
May	0.6508	0.6235	0.6352
June	0.6433	0.6237	0.6309
July	0.6461	0.6298	0.6362
August	0.6600	0.6371	0.6495
September	0.6643	0.6474	0.6560
October	0.6737	0.6555	0.6650
November	0.6542	0.6345	0.6434
December	0.6597	0.6300	0.6454