2011 LTL to TOP Historical Review

YEARLY HIGH

0.7844 TOP

YEARLY LOW

0.6432 TOP

YEARLY AVERAGE

0.7078 TOP

2011 LTL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LTL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.7844. Conversely, the yearly low was recorded on December 14, dropping to 0.6432.

This high-to-low spread represents a total annual volatility of 0.1412 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7202 to the December average rate of 0.6624, the exchange rate registered a net change of -8.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7844 was down 2.69% compared to the 2010 peak of 0.8061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,922 TOP

2010 Average 3,698 TOP

Yearly Trough Low 3,216 TOP

Transaction Impact: A difference of 706.22 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7769

0.6519

JanuMarcMayJulySeptNove

LTL 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 0.7385, compared to 0.6771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 0.7385

H2 Avg (Jul–Dec) 0.6771

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0563 TOP (High: 0.7227 / Low: 0.6665). On the other end, February was the most stable month, with a tight range of 0.0212 TOP (High: 0.7427 / Low: 0.7215).

July Spread (Volatile) ±0.0563

February Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0323 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.7665) against the same month in 2010 (average: 0.7485), the exchange rate shifted by +0.0181 (+2.41%).

2011 Avg (April) 0.7665

2010 Avg (April) 0.7485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7370	0.6979	0.7202
February	0.7427	0.7215	0.7327
March	0.7669	0.7370	0.7523
April	0.7844	0.7480	0.7665
May	0.7650	0.7140	0.7342
June	0.7400	0.7105	0.7251
July	0.7227	0.6665	0.6969
August	0.6924	0.6627	0.6798
September	0.6848	0.6610	0.6709
October	0.6958	0.6571	0.6812
November	0.6889	0.6582	0.6712
December	0.6772	0.6432	0.6624