2018 TOP to TWD Historical Review

YEARLY HIGH

13.7013 TWD

YEARLY LOW

12.9545 TWD

YEARLY AVERAGE

13.2569 TWD

2018 TOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 13.7013. Conversely, the yearly low was recorded on January 25, dropping to 12.9545.

This high-to-low spread represents a total annual volatility of 0.7468 TWD. From a start-to-finish perspective, comparing the January average rate of 13.0952 to the December average rate of 13.5137, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.7013 was down 2.60% compared to the 2017 peak of 14.0664, 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 68,506 TWD

2017 Average 67,169 TWD

Yearly Trough Low 64,772 TWD

Transaction Impact: A difference of 3,734.21 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.5556

13.0533

JanuMarcMayJulySeptNove

TOP to TWD 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 13.1655, compared to 13.3483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1828 points.

H1 Avg (Jan–Jun) 13.1655

H2 Avg (Jul–Dec) 13.3483

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.4839 TWD (High: 13.4867 / Low: 13.0028). On the other end, August was the most stable month, with a tight range of 0.1527 TWD (High: 13.3570 / Low: 13.2043).

May Spread (Volatile) ±0.4839

August Spread (Stable) ±0.1527

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0807 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 13.5137) against the same month in 2017 (average: 13.0922), the exchange rate shifted by +0.4216 (+3.22%).

2018 Avg (December) 13.5137

2017 Avg (December) 13.0922

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2070	12.9545	13.0952
February	13.3419	13.0106	13.2109
March	13.2194	12.9958	13.1303
April	13.3727	12.9969	13.2117
May	13.4867	13.0028	13.1810
June	13.2862	13.0241	13.1639
July	13.2782	13.0696	13.1913
August	13.3570	13.2043	13.2807
September	13.3389	13.1837	13.2850
October	13.4816	13.2222	13.4020
November	13.5127	13.3003	13.4169
December	13.7013	13.3515	13.5137