2011 CVE to TOP Historical Review

YEARLY HIGH

0.0246 TOP

YEARLY LOW

0.0201 TOP

YEARLY AVERAGE

0.0222 TOP

2011 CVE to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0246. Conversely, the yearly low was recorded on December 14, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0044 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0207, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0246 was down 2.69% compared to the 2010 peak of 0.0252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 TOP

2010 Average 116 TOP

Yearly Trough Low 101 TOP

Transaction Impact: A difference of 22.24 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0243

0.0204

JanuMarcMayJulySeptNove

CVE 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 0.0231, compared to 0.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0231

H2 Avg (Jul–Dec) 0.0212

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0018 TOP (High: 0.0226 / Low: 0.0209). On the other end, February was the most stable month, with a tight range of 0.0007 TOP (High: 0.0233 / Low: 0.0226).

July Spread (Volatile) ±0.0018

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, 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 (April 2011: 0.0240) against the same month in 2010 (average: 0.0234), the exchange rate shifted by +0.0006 (+2.41%).

2011 Avg (April) 0.0240

2010 Avg (April) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0231	0.0219	0.0226
February	0.0233	0.0226	0.0229
March	0.0240	0.0231	0.0236
April	0.0246	0.0234	0.0240
May	0.0240	0.0224	0.0230
June	0.0232	0.0222	0.0227
July	0.0226	0.0209	0.0218
August	0.0217	0.0208	0.0213
September	0.0214	0.0207	0.0210
October	0.0218	0.0206	0.0213
November	0.0216	0.0206	0.0210
December	0.0212	0.0201	0.0207