2018 TOP to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 9347.3056. Conversely, the yearly low was recorded on February 15, dropping to 8854.5950.
This high-to-low spread represents a total annual volatility of 492.7106 STD. From a start-to-finish perspective, comparing the January average rate of 8986.7988 to the December average rate of 9244.4005, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 9347.3056 was down 9.78% compared to the 2017 peak of 10360.9667, 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 STD 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 9033.8167, compared to 9143.7607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 109.9440 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 339.4645 STD (High: 9311.9497 / Low: 8972.4852). On the other end, September was the most stable month, with a tight range of 0.0000 STD (High: 9110.6918 / Low: 9110.6918).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 125.0182 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 9244.4005) against the same month in 2017 (average: 9041.2671), the exchange rate shifted by +203.1335 (+2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9065.6723 | 8928.3691 | 8986.7988 |
| February | 9034.9466 | 8854.5950 | 8965.4886 |
| March | 9005.4117 | 8874.0121 | 8945.7095 |
| April | 9074.1707 | 8900.1095 | 8965.8420 |
| May | 9311.9497 | 8972.4852 | 9146.3615 |
| June | 9280.0162 | 9121.5988 | 9192.6999 |
| July | 9128.4514 | 9009.0813 | 9067.6817 |
| August | 9110.6918 | 9097.7945 | 9110.2758 |
| September | 9110.6918 | 9110.6918 | 9110.6918 |
| October | 9185.3933 | 9110.6918 | 9153.5007 |
| November | 9193.7064 | 9138.8257 | 9176.0135 |
| December | 9347.3056 | 9178.0734 | 9244.4005 |