2015 ETB to TOP Historical Review

YEARLY HIGH

0.1086 TOP

YEARLY LOW

0.0972 TOP

YEARLY AVERAGE

0.1024 TOP

2015 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.1086. Conversely, the yearly low was recorded on January 2, dropping to 0.0972.

This high-to-low spread represents a total annual volatility of 0.0114 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0979 to the December average rate of 0.1062, the exchange rate registered a net change of 8.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1086 was up 8.36% compared to the 2014 peak of 0.1002, 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 543 TOP

2014 Average 480 TOP

Yearly Trough Low 486 TOP

Transaction Impact: A difference of 57.03 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1077

0.0970

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 0.0991, compared to 0.1058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0991

H2 Avg (Jul–Dec) 0.1058

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.0056 TOP (High: 0.1086 / Low: 0.1030). On the other end, May was the most stable month, with a tight range of 0.0006 TOP (High: 0.0989 / Low: 0.0983).

September Spread (Volatile) ±0.0056

May Spread (Stable) ±0.0006

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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 0.1068) against the same month in 2014 (average: 0.0937), the exchange rate shifted by +0.0131 (+13.96%).

2015 Avg (August) 0.1068

2014 Avg (August) 0.0937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0985	0.0972	0.0979
February	0.1002	0.0976	0.0988
March	0.1002	0.0978	0.0989
April	0.0996	0.0986	0.0990
May	0.0989	0.0983	0.0986
June	0.1045	0.0994	0.1012
July	0.1070	0.1026	0.1042
August	0.1086	0.1064	0.1068
September	0.1086	0.1030	0.1055
October	0.1073	0.1049	0.1063
November	0.1067	0.1049	0.1056
December	0.1077	0.1054	0.1062