2014 GTQ to TOP Historical Review

YEARLY HIGH

0.2644 TOP

YEARLY LOW

0.2321 TOP

YEARLY AVERAGE

0.2440 TOP

2014 GTQ to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GTQ to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.2644. Conversely, the yearly low was recorded on April 13, dropping to 0.2321.

This high-to-low spread represents a total annual volatility of 0.0324 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2373 to the December average rate of 0.2574, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2644 was up 10.70% compared to the 2013 peak of 0.2389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,322 TOP

2013 Average 1,140 TOP

Yearly Trough Low 1,160 TOP

Transaction Impact: A difference of 161.79 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2638

0.2337

JanuMarcMayJulySeptNove

GTQ 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 0.2387, compared to 0.2494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.2387

H2 Avg (Jul–Dec) 0.2494

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0156 TOP (High: 0.2544 / Low: 0.2388). On the other end, February was the most stable month, with a tight range of 0.0036 TOP (High: 0.2425 / Low: 0.2389).

September Spread (Volatile) ±0.0156

February Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.2613) against the same month in 2013 (average: 0.2295), the exchange rate shifted by +0.0317 (+13.82%).

2014 Avg (November) 0.2613

2013 Avg (November) 0.2295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2402	0.2344	0.2373
February	0.2425	0.2389	0.2407
March	0.2414	0.2362	0.2401
April	0.2404	0.2321	0.2362
May	0.2411	0.2357	0.2397
June	0.2408	0.2365	0.2380
July	0.2386	0.2322	0.2371
August	0.2421	0.2327	0.2379
September	0.2544	0.2388	0.2464
October	0.2600	0.2530	0.2564
November	0.2644	0.2567	0.2613
December	0.2596	0.2547	0.2574