2019 TOP to PEN Historical Review

YEARLY HIGH

1.4989 PEN

YEARLY LOW

1.4301 PEN

YEARLY AVERAGE

1.4566 PEN

2019 TOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 1.4989. Conversely, the yearly low was recorded on August 25, dropping to 1.4301.

This high-to-low spread represents a total annual volatility of 0.0688 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4744 to the December average rate of 1.4575, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4989 was up 0.47% compared to the 2018 peak of 1.4919, 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 7,495 PEN

2018 Average 7,230 PEN

Yearly Trough Low 7,151 PEN

Transaction Impact: A difference of 344.05 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4773

1.4414

JanuMarcMayJulySeptNove

TOP to PEN 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 1.4618, compared to 1.4514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 1.4618

H2 Avg (Jul–Dec) 1.4514

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0638 PEN (High: 1.4989 / Low: 1.4352). On the other end, July was the most stable month, with a tight range of 0.0138 PEN (High: 1.4504 / Low: 1.4365).

April Spread (Volatile) ±0.0638

July Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 1.4560) against the same month in 2018 (average: 1.4526), the exchange rate shifted by +0.0034 (+0.23%).

2019 Avg (April) 1.4560

2018 Avg (April) 1.4526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4885	1.4472	1.4744
February	1.4825	1.4635	1.4714
March	1.4701	1.4552	1.4610
April	1.4989	1.4352	1.4560
May	1.4674	1.4461	1.4537
June	1.4698	1.4416	1.4541
July	1.4504	1.4365	1.4448
August	1.4690	1.4301	1.4604
September	1.4726	1.4348	1.4476
October	1.4544	1.4334	1.4444
November	1.4748	1.4413	1.4539
December	1.4724	1.4423	1.4575