2016 PEN to TOP Historical Review

YEARLY HIGH

0.6929 TOP

YEARLY LOW

0.6400 TOP

YEARLY AVERAGE

0.6675 TOP

2016 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6929. Conversely, the yearly low was recorded on February 11, dropping to 0.6400.

This high-to-low spread represents a total annual volatility of 0.0529 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6566 to the December average rate of 0.6707, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6929 was down 1.54% compared to the 2015 peak of 0.7037, 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 3,464 TOP

2015 Average 3,329 TOP

Yearly Trough Low 3,200 TOP

Transaction Impact: A difference of 264.37 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6891

0.6458

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 0.6659, compared to 0.6691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.6659

H2 Avg (Jul–Dec) 0.6691

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0372 TOP (High: 0.6929 / Low: 0.6557). On the other end, September was the most stable month, with a tight range of 0.0086 TOP (High: 0.6705 / Low: 0.6619).

December Spread (Volatile) ±0.0372

September Spread (Stable) ±0.0086

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 August and September, when the average rate fell by 0.0122 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6707) against the same month in 2015 (average: 0.6640), the exchange rate shifted by +0.0067 (+1.01%).

2016 Avg (December) 0.6707

2015 Avg (December) 0.6640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6635	0.6527	0.6566
February	0.6718	0.6400	0.6494
March	0.6728	0.6446	0.6619
April	0.6839	0.6617	0.6749
May	0.6805	0.6700	0.6760
June	0.6875	0.6696	0.6766
July	0.6883	0.6797	0.6855
August	0.6840	0.6663	0.6778
September	0.6705	0.6619	0.6656
October	0.6660	0.6479	0.6565
November	0.6710	0.6447	0.6583
December	0.6929	0.6557	0.6707