2016 BRL to TOP Historical Review

YEARLY HIGH

0.7215 TOP

YEARLY LOW

0.5458 TOP

YEARLY AVERAGE

0.6493 TOP

2016 BRL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BRL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.7215. Conversely, the yearly low was recorded on January 21, dropping to 0.5458.

This high-to-low spread represents a total annual volatility of 0.1757 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5580 to the December average rate of 0.6792, the exchange rate registered a net change of 21.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7215 was down 6.63% compared to the 2015 peak of 0.7727, 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 18,038 TOP

2015 Average 16,076 TOP

Yearly Trough Low 13,646 TOP

Transaction Impact: A difference of 4,392.20 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7186

0.5434

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 0.6102, compared to 0.6884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0782 points.

H1 Avg (Jan–Jun) 0.6102

H2 Avg (Jul–Dec) 0.6884

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0727 TOP (High: 0.7112 / Low: 0.6385). On the other end, May was the most stable month, with a tight range of 0.0218 TOP (High: 0.6506 / Low: 0.6288).

December Spread (Volatile) ±0.0727

May Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0274 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.7040) against the same month in 2015 (average: 0.6341), the exchange rate shifted by +0.0699 (+11.03%).

2016 Avg (August) 0.7040

2015 Avg (August) 0.6341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5737	0.5458	0.5580
February	0.5989	0.5615	0.5734
March	0.6286	0.5757	0.6106
April	0.6480	0.6087	0.6276
May	0.6506	0.6288	0.6364
June	0.7016	0.6336	0.6552
July	0.7031	0.6712	0.6918
August	0.7215	0.6891	0.7040
September	0.7008	0.6781	0.6912
October	0.7100	0.6825	0.6957
November	0.7095	0.6496	0.6684
December	0.7112	0.6385	0.6792