2014 GMD to TOP Historical Review

YEARLY HIGH

0.0499 TOP

YEARLY LOW

0.0451 TOP

YEARLY AVERAGE

0.0473 TOP

2014 GMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0499. Conversely, the yearly low was recorded on December 8, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0048 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0455, the exchange rate registered a net change of -6.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0499 was down 14.49% compared to the 2013 peak of 0.0584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 TOP

2013 Average 265 TOP

Yearly Trough Low 225 TOP

Transaction Impact: A difference of 24.16 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0494

0.0452

JanuMarcMayJulySeptNove

GMD 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 0.0479, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0479

H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0043 TOP (High: 0.0499 / Low: 0.0456). On the other end, January was the most stable month, with a tight range of 0.0008 TOP (High: 0.0493 / Low: 0.0485).

October Spread (Volatile) ±0.0043

January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0479) against the same month in 2013 (average: 0.0552), the exchange rate shifted by -0.0073 (-13.22%).

2014 Avg (October) 0.0479

2013 Avg (October) 0.0552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0493	0.0485	0.0489
February	0.0494	0.0484	0.0490
March	0.0490	0.0479	0.0487
April	0.0488	0.0455	0.0471
May	0.0472	0.0459	0.0467
June	0.0473	0.0462	0.0468
July	0.0470	0.0454	0.0465
August	0.0475	0.0458	0.0468
September	0.0494	0.0465	0.0480
October	0.0499	0.0456	0.0479
November	0.0466	0.0454	0.0461
December	0.0460	0.0451	0.0455