2013 BRL to TOP Historical Review

YEARLY HIGH

0.8950 TOP

YEARLY LOW

0.7602 TOP

YEARLY AVERAGE

0.8324 TOP

2013 BRL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BRL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.8950. Conversely, the yearly low was recorded on August 21, dropping to 0.7602.

This high-to-low spread represents a total annual volatility of 0.1348 TOP. From a start-to-finish perspective, comparing the January average rate of 0.8533 to the December average rate of 0.7916, the exchange rate registered a net change of -7.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8950 was down 10.48% compared to the 2012 peak of 0.9998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 22,376 TOP

2012 Average 22,314 TOP

Yearly Trough Low 19,005 TOP

Transaction Impact: A difference of 3,370.37 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.8893

0.7806

JanuMarcMayJulySeptNove

BRL 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 0.8606, compared to 0.8042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0564 points.

H1 Avg (Jan–Jun) 0.8606

H2 Avg (Jul–Dec) 0.8042

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.0566 TOP (High: 0.8324 / Low: 0.7758). On the other end, February was the most stable month, with a tight range of 0.0166 TOP (High: 0.8827 / Low: 0.8661).

September Spread (Volatile) ±0.0566

February Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0374 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.8802) against the same month in 2012 (average: 0.9420), the exchange rate shifted by -0.0617 (-6.55%).

2013 Avg (March) 0.8802

2012 Avg (March) 0.9420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8673	0.8465	0.8533
February	0.8827	0.8661	0.8761
March	0.8950	0.8666	0.8802
April	0.8805	0.8615	0.8712
May	0.8699	0.8182	0.8600
June	0.8460	0.8007	0.8226
July	0.8375	0.8052	0.8201
August	0.8148	0.7602	0.7913
September	0.8324	0.7758	0.8093
October	0.8366	0.8107	0.8234
November	0.8057	0.7738	0.7897
December	0.8043	0.7788	0.7916