2012 ETB to TOP Historical Review

YEARLY HIGH

0.1022 TOP

YEARLY LOW

0.0941 TOP

YEARLY AVERAGE

0.0978 TOP

2012 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.1022. Conversely, the yearly low was recorded on November 16, dropping to 0.0941.

This high-to-low spread represents a total annual volatility of 0.0081 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1006 to the December average rate of 0.0954, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1022 was down 31.10% compared to the 2011 peak of 0.1483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 511 TOP

2011 Average 563 TOP

Yearly Trough Low 470 TOP

Transaction Impact: A difference of 40.48 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1016

0.0949

JanuMarcMayJulySeptNove

ETB 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 0.0988, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0988

H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0068 TOP (High: 0.1022 / Low: 0.0954). On the other end, April was the most stable month, with a tight range of 0.0012 TOP (High: 0.0980 / Low: 0.0968).

May Spread (Volatile) ±0.0068

April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.0998) against the same month in 2011 (average: 0.1049), the exchange rate shifted by -0.0051 (-4.83%).

2012 Avg (May) 0.0998

2011 Avg (May) 0.1049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1015	0.0984	0.1006
February	0.0986	0.0964	0.0975
March	0.0982	0.0963	0.0967
April	0.0980	0.0968	0.0974
May	0.1022	0.0954	0.0998
June	0.1018	0.1005	0.1011
July	0.1012	0.0974	0.0995
August	0.0982	0.0968	0.0975
September	0.0987	0.0951	0.0967
October	0.0974	0.0954	0.0963
November	0.0982	0.0941	0.0957
December	0.0969	0.0947	0.0954