2023 XCD to TOP Historical Review

YEARLY HIGH

0.8920 TOP

YEARLY LOW

0.8549 TOP

YEARLY AVERAGE

0.8740 TOP

2023 XCD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.8920. Conversely, the yearly low was recorded on January 30, dropping to 0.8549.

This high-to-low spread represents a total annual volatility of 0.0371 TOP. From a start-to-finish perspective, comparing the January average rate of 0.8620 to the December average rate of 0.8695, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8920 was down 1.91% compared to the 2022 peak of 0.9094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 4,460 TOP

2022 Average 4,312 TOP

Yearly Trough Low 4,275 TOP

Transaction Impact: A difference of 185.32 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8896

0.8595

JanuMarcMayJulySeptNove

XCD to TOP 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 0.8693, compared to 0.8787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.8693

H2 Avg (Jul–Dec) 0.8787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0184 TOP (High: 0.8739 / Low: 0.8555). On the other end, September was the most stable month, with a tight range of 0.0052 TOP (High: 0.8873 / Low: 0.8821).

February Spread (Volatile) ±0.0184

September Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0125 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8871) against the same month in 2022 (average: 0.9011), the exchange rate shifted by -0.0141 (-1.56%).

2023 Avg (October) 0.8871

2022 Avg (October) 0.9011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8710	0.8549	0.8620
February	0.8739	0.8555	0.8648
March	0.8787	0.8679	0.8727
April	0.8762	0.8669	0.8708
May	0.8812	0.8661	0.8729
June	0.8812	0.8650	0.8725
July	0.8766	0.8589	0.8689
August	0.8853	0.8697	0.8800
September	0.8873	0.8821	0.8848
October	0.8920	0.8817	0.8871
November	0.8901	0.8721	0.8820
December	0.8752	0.8624	0.8695