2023 TOP to SOS Historical Review

YEARLY HIGH

248.1728 SOS

YEARLY LOW

235.9274 SOS

YEARLY AVERAGE

241.0573 SOS

2023 TOP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 248.1728. Conversely, the yearly low was recorded on November 4, dropping to 235.9274.

This high-to-low spread represents a total annual volatility of 12.2454 SOS. From a start-to-finish perspective, comparing the January average rate of 244.1316 to the December average rate of 243.3123, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 248.1728 was down 4.59% compared to the 2022 peak of 260.1074, 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 1,240,864 SOS

2022 Average 1,235,241 SOS

Yearly Trough Low 1,179,637 SOS

Transaction Impact: A difference of 61,226.82 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

244.7311

237.5377

JanuMarcMayJulySeptNove

TOP to SOS 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 241.9791, compared to 240.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8437 points.

H1 Avg (Jan–Jun) 241.9791

H2 Avg (Jul–Dec) 240.1355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.4554 SOS (High: 248.1728 / Low: 240.7174). On the other end, September was the most stable month, with a tight range of 2.2549 SOS (High: 239.6887 / Low: 237.4338).

February Spread (Volatile) ±7.4554

September Spread (Stable) ±2.2549

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 2.8778 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.8778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 243.3188) against the same month in 2022 (average: 256.4577), the exchange rate shifted by -13.1388 (-5.12%).

2023 Avg (February) 243.3188

2022 Avg (February) 256.4577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	246.2703	241.5309	244.1316
February	248.1728	240.7174	243.3188
March	242.3585	237.5143	240.8219
April	242.8365	238.6331	241.3983
May	242.8930	238.6281	241.0309
June	243.2843	238.7225	241.1732
July	244.7933	238.8541	242.2183
August	242.3494	237.5855	239.3405
September	239.6887	237.4338	238.4331
October	239.8750	236.5627	238.1371
November	242.4085	235.9274	239.3715
December	245.6697	241.5384	243.3123