2014 BTN to TOP Historical Review

YEARLY HIGH

0.0326 TOP

YEARLY LOW

0.0295 TOP

YEARLY AVERAGE

0.0309 TOP

2014 BTN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0326. Conversely, the yearly low was recorded on January 27, dropping to 0.0295.

This high-to-low spread represents a total annual volatility of 0.0031 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0300 to the December average rate of 0.0313, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0326 was down 0.09% compared to the 2013 peak of 0.0327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 163 TOP

2013 Average 153 TOP

Yearly Trough Low 147 TOP

Transaction Impact: A difference of 15.70 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0325

0.0298

JanuMarcMayJulySeptNove

BTN 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 0.0305, compared to 0.0313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0305

H2 Avg (Jul–Dec) 0.0313

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0017 TOP (High: 0.0320 / Low: 0.0303). On the other end, February was the most stable month, with a tight range of 0.0005 TOP (High: 0.0302 / Low: 0.0298).

May Spread (Volatile) ±0.0017

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and November, 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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0322) against the same month in 2013 (average: 0.0290), the exchange rate shifted by +0.0033 (+11.27%).

2014 Avg (November) 0.0322

2013 Avg (November) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0302	0.0295	0.0300
February	0.0302	0.0298	0.0301
March	0.0309	0.0299	0.0304
April	0.0308	0.0299	0.0304
May	0.0320	0.0303	0.0312
June	0.0317	0.0307	0.0311
July	0.0309	0.0300	0.0307
August	0.0311	0.0300	0.0305
September	0.0319	0.0306	0.0313
October	0.0322	0.0315	0.0319
November	0.0326	0.0316	0.0322
December	0.0320	0.0308	0.0313