2020 TOP to TWD Historical Review

YEARLY HIGH

13.2166 TWD

YEARLY LOW

12.2145 TWD

YEARLY AVERAGE

12.7941 TWD

2020 TOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 13.2166. Conversely, the yearly low was recorded on October 29, dropping to 12.2145.

This high-to-low spread represents a total annual volatility of 1.0021 TWD. From a start-to-finish perspective, comparing the January average rate of 13.0679 to the December average rate of 12.3408, the exchange rate registered a net change of -5.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.2166 was down 5.37% compared to the 2019 peak of 13.9664, 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 66,083 TWD

2019 Average 67,424 TWD

Yearly Trough Low 61,072 TWD

Transaction Impact: A difference of 5,010.73 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.1406

12.2681

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 12.9689, compared to 12.6193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3496 points.

H1 Avg (Jan–Jun) 12.9689

H2 Avg (Jul–Dec) 12.6193

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.4403 TWD (High: 12.9540 / Low: 12.5137). On the other end, July was the most stable month, with a tight range of 0.1145 TWD (High: 12.9760 / Low: 12.8615).

September Spread (Volatile) ±0.4403

July Spread (Stable) ±0.1145

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3815 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 13.0533) against the same month in 2019 (average: 13.6499), the exchange rate shifted by -0.5966 (-4.37%).

2020 Avg (June) 13.0533

2019 Avg (June) 13.6499

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1519	13.0097	13.0679
February	13.1240	12.9226	13.0243
March	12.9985	12.5828	12.8208
April	12.9821	12.7862	12.8754
May	13.1049	12.8628	12.9719
June	13.2166	12.8155	13.0533
July	12.9760	12.8615	12.9070
August	12.9591	12.8008	12.8755
September	12.9540	12.5137	12.7855
October	12.5631	12.2145	12.4040
November	12.4756	12.2850	12.4030
December	12.4493	12.2476	12.3408