YEARLY HIGH
0.3223 XDR
YEARLY LOW
0.3091 XDR
YEARLY AVERAGE
0.3172 XDR

2023 TOP to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3223. Conversely, the yearly low was recorded on April 30, dropping to 0.3091.

This high-to-low spread represents a total annual volatility of 0.0133 XDR. From a start-to-finish perspective, comparing the January average rate of 0.3195 to the December average rate of 0.3191, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3223 was down 1.08% compared to the 2022 peak of 0.3258, 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 1,612 XDR
2022 Average 1,565 XDR
Yearly Trough Low 1,545 XDR
Transaction Impact: A difference of 66.35 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3200
0.3144
JanuMarcMayJulySeptNove

TOP to XDR 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 0.3174, compared to 0.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.3174
H2 Avg (Jul–Dec) 0.3170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0087 XDR (High: 0.3177 / Low: 0.3091). On the other end, January was the most stable month, with a tight range of 0.0028 XDR (High: 0.3210 / Low: 0.3182).

April Spread (Volatile) ±0.0087
January Spread (Stable) ±0.0028

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 March and April, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3191) against the same month in 2022 (average: 0.3209), the exchange rate shifted by -0.0018 (-0.57%).

2023 Avg (December) 0.3191
2022 Avg (December) 0.3209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3210 0.3182 0.3195
February 0.3216 0.3164 0.3195
March 0.3205 0.3148 0.3178
April 0.3177 0.3091 0.3148
May 0.3183 0.3126 0.3153
June 0.3209 0.3151 0.3177
July 0.3201 0.3142 0.3169
August 0.3170 0.3119 0.3150
September 0.3199 0.3131 0.3163
October 0.3199 0.3156 0.3176
November 0.3194 0.3154 0.3173
December 0.3223 0.3171 0.3191