2014 JMD to TOP Historical Review

YEARLY HIGH

0.0179 TOP

YEARLY LOW

0.0160 TOP

YEARLY AVERAGE

0.0170 TOP

2014 JMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0179. Conversely, the yearly low was recorded on July 13, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0019 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0172, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0179 was down 5.63% compared to the 2013 peak of 0.0189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 TOP

2013 Average 90 TOP

Yearly Trough Low 80 TOP

Transaction Impact: A difference of 9.35 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0178

0.0163

JanuMarcMayJulySeptNove

JMD 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 0.0170, compared to 0.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0170

H2 Avg (Jul–Dec) 0.0170

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0010 TOP (High: 0.0174 / Low: 0.0164). On the other end, January was the most stable month, with a tight range of 0.0003 TOP (High: 0.0176 / Low: 0.0174).

September Spread (Volatile) ±0.0010

January Spread (Stable) ±0.0003

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0176) against the same month in 2013 (average: 0.0175), the exchange rate shifted by +0.0001 (+0.80%).

2014 Avg (November) 0.0176

2013 Avg (November) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0174	0.0175
February	0.0176	0.0172	0.0174
March	0.0173	0.0167	0.0171
April	0.0170	0.0165	0.0167
May	0.0169	0.0165	0.0168
June	0.0169	0.0165	0.0167
July	0.0166	0.0160	0.0164
August	0.0168	0.0162	0.0165
September	0.0174	0.0164	0.0169
October	0.0177	0.0172	0.0174
November	0.0179	0.0173	0.0176
December	0.0175	0.0171	0.0172