2015 LTL to TOP Historical Review

YEARLY HIGH

0.7467 TOP

YEARLY LOW

0.6631 TOP

YEARLY AVERAGE

0.7009 TOP

2015 LTL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LTL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 0.7467. Conversely, the yearly low was recorded on January 28, dropping to 0.6631.

This high-to-low spread represents a total annual volatility of 0.0836 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6739 to the December average rate of 0.7219, the exchange rate registered a net change of 7.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.7467 was down 0.50% compared to the 2014 peak of 0.7504, 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 3,733 TOP

2014 Average 3,628 TOP

Yearly Trough Low 3,315 TOP

Transaction Impact: A difference of 417.99 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.7388

0.6680

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 0.6826, compared to 0.7192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 0.6826

H2 Avg (Jul–Dec) 0.7192

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0407 TOP (High: 0.7044 / Low: 0.6637). On the other end, April was the most stable month, with a tight range of 0.0008 TOP (High: 0.6906 / Low: 0.6898).

June Spread (Volatile) ±0.0407

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0227 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.7264) against the same month in 2014 (average: 0.7114), the exchange rate shifted by +0.0151 (+2.12%).

2015 Avg (September) 0.7264

2014 Avg (September) 0.7114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6888	0.6631	0.6739
February	0.6831	0.6648	0.6746
March	0.6954	0.6665	0.6856
April	0.6906	0.6898	0.6905
May	0.6913	0.6669	0.6835
June	0.7044	0.6637	0.6873
July	0.7185	0.6887	0.6989
August	0.7449	0.7147	0.7249
September	0.7467	0.7084	0.7264
October	0.7424	0.7144	0.7329
November	0.7153	0.7061	0.7101
December	0.7324	0.7124	0.7219