2022 TOP to STD Historical Review

YEARLY HIGH

10081.2438 STD

YEARLY LOW

9256.1894 STD

YEARLY AVERAGE

9511.0774 STD

2022 TOP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 10081.2438. Conversely, the yearly low was recorded on February 23, dropping to 9256.1894.

This high-to-low spread represents a total annual volatility of 825.0544 STD. From a start-to-finish perspective, comparing the January average rate of 9294.1374 to the December average rate of 9726.6499, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 10081.2438 was up 7.44% compared to the 2021 peak of 9382.9066, 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 50,406,219 STD

2021 Average 45,740,056 STD

Yearly Trough Low 46,280,947 STD

Transaction Impact: A difference of 4,125,271.87 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9812.0346

9247.0559

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 9493.3250, compared to 9528.8298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.5048 points.

H1 Avg (Jan–Jun) 9493.3250

H2 Avg (Jul–Dec) 9528.8298

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 791.8338 STD (High: 10081.2438 / Low: 9289.4100). On the other end, January was the most stable month, with a tight range of 81.3868 STD (High: 9340.1512 / Low: 9258.7645).

July Spread (Volatile) ±791.8338

January Spread (Stable) ±81.3868

Growth Streaks & Declines

Trends

Between January and June, 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 287.8034 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -287.8034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 9477.1496) against the same month in 2021 (average: 9127.8967), the exchange rate shifted by +349.2529 (+3.83%).

2022 Avg (July) 9477.1496

2021 Avg (July) 9127.8967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9340.1512	9258.7645	9294.1374
February	9381.0250	9256.1894	9326.8423
March	9536.4112	9374.4697	9453.5852
April	9600.9857	9377.1161	9528.7710
May	10002.4485	9385.7610	9591.6609
June	10052.5639	9364.2029	9764.9531
July	10081.2438	9289.4100	9477.1496
August	9664.9817	9472.9088	9556.4011
September	9505.3375	9330.2661	9439.4605
October	9494.9050	9282.3132	9403.7599
November	9689.1895	9394.6068	9569.5581
December	9801.1052	9668.7529	9726.6499