2015 FJD to TOP Historical Review

YEARLY HIGH

1.0734 TOP

YEARLY LOW

0.9656 TOP

YEARLY AVERAGE

1.0140 TOP

2015 FJD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FJD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.0734. Conversely, the yearly low was recorded on January 30, dropping to 0.9656.

This high-to-low spread represents a total annual volatility of 0.1078 TOP. From a start-to-finish perspective, comparing the January average rate of 0.9885 to the December average rate of 1.0528, the exchange rate registered a net change of 6.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0734 was up 3.57% compared to the 2014 peak of 1.0364, 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 5,367 TOP

2014 Average 5,020 TOP

Yearly Trough Low 4,828 TOP

Transaction Impact: A difference of 539.24 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.0598

0.9751

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 0.9918, compared to 1.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 0.9918

H2 Avg (Jul–Dec) 1.0362

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.0500 TOP (High: 1.0468 / Low: 0.9968). On the other end, April was the most stable month, with a tight range of 0.0245 TOP (High: 1.0075 / Low: 0.9830).

September Spread (Volatile) ±0.0500

April Spread (Stable) ±0.0245

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0235 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.0528) against the same month in 2014 (average: 0.9917), the exchange rate shifted by +0.0611 (+6.16%).

2015 Avg (December) 1.0528

2014 Avg (December) 0.9917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0012	0.9656	0.9885
February	0.9942	0.9659	0.9842
March	0.9972	0.9708	0.9822
April	1.0075	0.9830	0.9917
May	1.0083	0.9760	0.9945
June	1.0383	0.9889	1.0096
July	1.0451	1.0064	1.0205
August	1.0504	1.0250	1.0420
September	1.0468	0.9968	1.0185
October	1.0630	1.0353	1.0484
November	1.0489	1.0211	1.0348
December	1.0734	1.0384	1.0528