2012 PEN to TOP Historical Review

YEARLY HIGH

0.6884 TOP

YEARLY LOW

0.6259 TOP

YEARLY AVERAGE

0.6590 TOP

2012 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.6884. Conversely, the yearly low was recorded on March 6, dropping to 0.6259.

This high-to-low spread represents a total annual volatility of 0.0625 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6464 to the December average rate of 0.6778, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6884 was up 1.73% compared to the 2011 peak of 0.6767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,442 TOP

2011 Average 3,186 TOP

Yearly Trough Low 3,130 TOP

Transaction Impact: A difference of 312.47 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6826

0.6258

JanuMarcMayJulySeptNove

PEN 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 0.6459, compared to 0.6720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 0.6459

H2 Avg (Jul–Dec) 0.6720

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0412 TOP (High: 0.6737 / Low: 0.6326). On the other end, February was the most stable month, with a tight range of 0.0096 TOP (High: 0.6356 / Low: 0.6260).

May Spread (Volatile) ±0.0412

February Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 0.0160 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.6745) against the same month in 2011 (average: 0.6147), the exchange rate shifted by +0.0598 (+9.73%).

2012 Avg (July) 0.6745

2011 Avg (July) 0.6147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6522	0.6330	0.6464
February	0.6356	0.6260	0.6305
March	0.6387	0.6259	0.6313
April	0.6470	0.6314	0.6402
May	0.6737	0.6326	0.6581
June	0.6752	0.6634	0.6690
July	0.6884	0.6645	0.6745
August	0.6744	0.6617	0.6691
September	0.6802	0.6601	0.6694
October	0.6781	0.6627	0.6726
November	0.6874	0.6557	0.6687
December	0.6834	0.6737	0.6778