2013 BMD to TOP Historical Review

YEARLY HIGH

1.9045 TOP

YEARLY LOW

1.7245 TOP

YEARLY AVERAGE

1.7916 TOP

2013 BMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 1.9045. Conversely, the yearly low was recorded on March 5, dropping to 1.7245.

This high-to-low spread represents a total annual volatility of 0.1800 TOP. From a start-to-finish perspective, comparing the January average rate of 1.7344 to the December average rate of 1.8576, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.9045 was up 5.47% compared to the 2012 peak of 1.8058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,522 TOP

2012 Average 8,692 TOP

Yearly Trough Low 8,622 TOP

Transaction Impact: A difference of 899.84 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.8704

1.7166

JanuMarcMayJulySeptNove

BMD 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 1.7484, compared to 1.8349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 1.7484

H2 Avg (Jul–Dec) 1.8349

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.1162 TOP (High: 1.8572 / Low: 1.7410). On the other end, February was the most stable month, with a tight range of 0.0138 TOP (High: 1.7393 / Low: 1.7255).

June Spread (Volatile) ±0.1162

February Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0342 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 1.8376) against the same month in 2012 (average: 1.7425), the exchange rate shifted by +0.0952 (+5.46%).

2013 Avg (September) 1.8376

2012 Avg (September) 1.7425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7423	1.7250	1.7344
February	1.7393	1.7255	1.7294
March	1.7595	1.7245	1.7479
April	1.7515	1.7267	1.7418
May	1.7686	1.7410	1.7489
June	1.8572	1.7410	1.7879
July	1.8633	1.8330	1.8453
August	1.8602	1.8332	1.8515
September	1.9045	1.8004	1.8376
October	1.8205	1.7881	1.8034
November	1.8586	1.7832	1.8139
December	1.8608	1.8444	1.8576