2012 LTL to TOP Historical Review

YEARLY HIGH

0.6676 TOP

YEARLY LOW

0.6172 TOP

YEARLY AVERAGE

0.6471 TOP

2012 LTL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LTL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.6676. Conversely, the yearly low was recorded on July 24, dropping to 0.6172.

This high-to-low spread represents a total annual volatility of 0.0504 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6507 to the December average rate of 0.6610, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6676 was down 14.89% compared to the 2011 peak of 0.7844, 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 3,338 TOP

2011 Average 3,538 TOP

Yearly Trough Low 3,086 TOP

Transaction Impact: A difference of 252.23 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6643

0.6253

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 0.6488, compared to 0.6453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.6488

H2 Avg (Jul–Dec) 0.6453

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0391 TOP (High: 0.6563 / Low: 0.6172). On the other end, April was the most stable month, with a tight range of 0.0113 TOP (High: 0.6547 / Low: 0.6434).

July Spread (Volatile) ±0.0391

April Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0159 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 0.6456) against the same month in 2011 (average: 0.6712), the exchange rate shifted by -0.0257 (-3.83%).

2012 Avg (November) 0.6456

2011 Avg (November) 0.6712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6615	0.6430	0.6507
February	0.6602	0.6371	0.6482
March	0.6524	0.6349	0.6452
April	0.6547	0.6434	0.6485
May	0.6634	0.6284	0.6510
June	0.6562	0.6422	0.6491
July	0.6563	0.6172	0.6331
August	0.6383	0.6183	0.6285
September	0.6585	0.6380	0.6491
October	0.6624	0.6427	0.6546
November	0.6676	0.6308	0.6456
December	0.6655	0.6526	0.6610