2011 DJF to TOP Historical Review

YEARLY HIGH

0.0106 TOP

YEARLY LOW

0.0091 TOP

YEARLY AVERAGE

0.0099 TOP

2011 DJF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0106. Conversely, the yearly low was recorded on August 10, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0016 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0097, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0106 was down 7.25% compared to the 2010 peak of 0.0114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 TOP

2010 Average 54 TOP

Yearly Trough Low 45 TOP

Transaction Impact: A difference of 7.82 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0106

0.0091

JanuMarcMayJulySeptNove

DJF 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 0.0102, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0102

H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0006 TOP (High: 0.0097 / Low: 0.0091). On the other end, February was the most stable month, with a tight range of 0.0000 TOP (High: 0.0104 / Low: 0.0104).

July Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0105) against the same month in 2010 (average: 0.0107), the exchange rate shifted by -0.0002 (-2.14%).

2011 Avg (January) 0.0105

2010 Avg (January) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0104	0.0105
February	0.0104	0.0104	0.0104
March	0.0105	0.0104	0.0104
April	0.0105	0.0100	0.0103
May	0.0100	0.0099	0.0099
June	0.0098	0.0097	0.0098
July	0.0097	0.0091	0.0095
August	0.0093	0.0091	0.0092
September	0.0098	0.0092	0.0095
October	0.0099	0.0095	0.0096
November	0.0100	0.0094	0.0096
December	0.0098	0.0096	0.0097