2023 TOP to TTD Historical Review

YEARLY HIGH

2.9630 TTD

YEARLY LOW

2.8088 TTD

YEARLY AVERAGE

2.8728 TTD

2023 TOP to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.9630. Conversely, the yearly low was recorded on November 5, dropping to 2.8088.

This high-to-low spread represents a total annual volatility of 0.1542 TTD. From a start-to-finish perspective, comparing the January average rate of 2.9148 to the December average rate of 2.8931, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9630 was down 2.33% compared to the 2022 peak of 3.0337, 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 14,815 TTD

2022 Average 14,570 TTD

Yearly Trough Low 14,044 TTD

Transaction Impact: A difference of 770.88 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9234

2.8208

JanuMarcMayJulySeptNove

TOP to TTD 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 2.8882, compared to 2.8574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 2.8882

H2 Avg (Jul–Dec) 2.8574

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0895 TTD (High: 2.9630 / Low: 2.8735). On the other end, September was the most stable month, with a tight range of 0.0273 TTD (High: 2.8504 / Low: 2.8231).

February Spread (Volatile) ±0.0895

September Spread (Stable) ±0.0273

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 0.0341 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.9057) against the same month in 2022 (average: 2.9925), the exchange rate shifted by -0.0868 (-2.90%).

2023 Avg (February) 2.9057

2022 Avg (February) 2.9925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9404	2.8834	2.9148
February	2.9630	2.8735	2.9057
March	2.8948	2.8354	2.8742
April	2.8983	2.8374	2.8816
May	2.9023	2.8499	2.8763
June	2.9040	2.8485	2.8767
July	2.9177	2.8445	2.8873
August	2.8908	2.8294	2.8533
September	2.8504	2.8231	2.8363
October	2.8512	2.8126	2.8294
November	2.8774	2.8088	2.8451
December	2.9245	2.8702	2.8931