2011 FJD to TOP Historical Review

YEARLY HIGH

1.0492 TOP

YEARLY LOW

0.9101 TOP

YEARLY AVERAGE

0.9757 TOP

2011 FJD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 1.0492. Conversely, the yearly low was recorded on October 13, dropping to 0.9101.

This high-to-low spread represents a total annual volatility of 0.1391 TOP. From a start-to-finish perspective, comparing the January average rate of 1.0108 to the December average rate of 0.9484, the exchange rate registered a net change of -6.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0492 was down 1.22% compared to the 2010 peak of 1.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,246 TOP

2010 Average 4,997 TOP

Yearly Trough Low 4,551 TOP

Transaction Impact: A difference of 695.61 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0368

0.9268

JanuMarcMayJulySeptNove

FJD 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 1.0065, compared to 0.9450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0615 points.

H1 Avg (Jan–Jun) 1.0065

H2 Avg (Jul–Dec) 0.9450

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0713 TOP (High: 1.0028 / Low: 0.9315). On the other end, June was the most stable month, with a tight range of 0.0184 TOP (High: 0.9918 / Low: 0.9734).

July Spread (Volatile) ±0.0713

June Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0318 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.0276) against the same month in 2010 (average: 0.9990), the exchange rate shifted by +0.0286 (+2.86%).

2011 Avg (April) 1.0276

2010 Avg (April) 0.9990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0271	0.9942	1.0108
February	1.0207	1.0008	1.0076
March	1.0258	0.9959	1.0108
April	1.0492	1.0091	1.0276
May	1.0163	0.9844	0.9959
June	0.9918	0.9734	0.9860
July	1.0028	0.9315	0.9678
August	0.9506	0.9112	0.9360
September	0.9543	0.9255	0.9384
October	0.9747	0.9101	0.9381
November	0.9667	0.9257	0.9414
December	0.9623	0.9285	0.9484