2012 NZD to TOP Historical Review

YEARLY HIGH

1.4742 TOP

YEARLY LOW

1.3182 TOP

YEARLY AVERAGE

1.4080 TOP

2012 NZD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NZD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.4742. Conversely, the yearly low was recorded on May 10, dropping to 1.3182.

This high-to-low spread represents a total annual volatility of 0.1560 TOP. From a start-to-finish perspective, comparing the January average rate of 1.3924 to the December average rate of 1.4440, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4742 was down 0.96% compared to the 2011 peak of 1.4886, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,371 TOP

2011 Average 6,941 TOP

Yearly Trough Low 6,591 TOP

Transaction Impact: A difference of 780.12 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4525

1.3498

JanuMarcMayJulySeptNove

NZD 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 1.3889, compared to 1.4270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 1.3889

H2 Avg (Jul–Dec) 1.4270

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0856 TOP (High: 1.4370 / Low: 1.3514). On the other end, August was the most stable month, with a tight range of 0.0300 TOP (High: 1.4300 / Low: 1.4000).

June Spread (Volatile) ±0.0856

August Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0343 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.4440) against the same month in 2011 (average: 1.3382), the exchange rate shifted by +0.1057 (+7.90%).

2012 Avg (December) 1.4440

2011 Avg (December) 1.3382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4267	1.3525	1.3924
February	1.4262	1.3939	1.4114
March	1.4123	1.3604	1.3845
April	1.4138	1.3802	1.3927
May	1.3942	1.3182	1.3584
June	1.4370	1.3514	1.3942
July	1.4374	1.3889	1.4214
August	1.4300	1.4000	1.4194
September	1.4462	1.4014	1.4271
October	1.4589	1.4144	1.4270
November	1.4642	1.3845	1.4232
December	1.4742	1.4178	1.4440