2011 CNY to TOP Historical Review

YEARLY HIGH

0.2858 TOP

YEARLY LOW

0.2502 TOP

YEARLY AVERAGE

0.2716 TOP

2011 CNY to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CNY to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.2858. Conversely, the yearly low was recorded on August 1, dropping to 0.2502.

This high-to-low spread represents a total annual volatility of 0.0356 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2820 to the December average rate of 0.2737, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2858 was down 4.07% compared to the 2010 peak of 0.2979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,145 TOP

2010 Average 7,114 TOP

Yearly Trough Low 6,254 TOP

Transaction Impact: A difference of 890.77 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2853

0.2530

JanuMarcMayJulySeptNove

CNY 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 0.2779, compared to 0.2653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.2779

H2 Avg (Jul–Dec) 0.2653

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0166 TOP (High: 0.2670 / Low: 0.2505). On the other end, February was the most stable month, with a tight range of 0.0013 TOP (High: 0.2822 / Low: 0.2810).

July Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.2806) against the same month in 2010 (average: 0.2822), the exchange rate shifted by -0.0016 (-0.57%).

2011 Avg (April) 0.2806

2010 Avg (April) 0.2822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2857	0.2809	0.2820
February	0.2822	0.2810	0.2818
March	0.2845	0.2803	0.2826
April	0.2858	0.2738	0.2806
May	0.2738	0.2701	0.2718
June	0.2706	0.2663	0.2688
July	0.2670	0.2505	0.2610
August	0.2586	0.2502	0.2557
September	0.2718	0.2553	0.2631
October	0.2756	0.2652	0.2691
November	0.2797	0.2649	0.2692
December	0.2783	0.2685	0.2737