2019 TOP to TWD Historical Review

YEARLY HIGH

13.9664 TWD

YEARLY LOW

13.0522 TWD

YEARLY AVERAGE

13.4856 TWD

2019 TOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 13.9664. Conversely, the yearly low was recorded on November 7, dropping to 13.0522.

This high-to-low spread represents a total annual volatility of 0.9142 TWD. From a start-to-finish perspective, comparing the January average rate of 13.5838 to the December average rate of 13.1504, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.9664 was up 1.93% compared to the 2018 peak of 13.7013, 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 69,832 TWD

2018 Average 66,286 TWD

Yearly Trough Low 65,261 TWD

Transaction Impact: A difference of 4,570.94 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.7005

13.0928

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 13.6248, compared to 13.3465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2784 points.

H1 Avg (Jan–Jun) 13.6248

H2 Avg (Jul–Dec) 13.3465

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.5401 TWD (High: 13.9664 / Low: 13.4263). On the other end, March was the most stable month, with a tight range of 0.0796 TWD (High: 13.6911 / Low: 13.6116).

April Spread (Volatile) ±0.5401

March Spread (Stable) ±0.0796

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.2141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 13.5972) against the same month in 2018 (average: 13.2117), the exchange rate shifted by +0.3855 (+2.92%).

2019 Avg (April) 13.5972

2018 Avg (April) 13.2117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6839	13.4224	13.5838
February	13.7084	13.5644	13.6452
March	13.6911	13.6116	13.6429
April	13.9664	13.4263	13.5972
May	13.7857	13.5232	13.6300
June	13.7766	13.4627	13.6499
July	13.7037	13.5686	13.6348
August	13.7592	13.4493	13.5647
September	13.5198	13.2941	13.3998
October	13.3218	13.0832	13.1857
November	13.3115	13.0522	13.1434
December	13.2192	13.0895	13.1504