2017 PEN to TOP Historical Review

YEARLY HIGH

0.7175 TOP

YEARLY LOW

0.6665 TOP

YEARLY AVERAGE

0.6949 TOP

2017 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.7175. Conversely, the yearly low was recorded on November 2, dropping to 0.6665.

This high-to-low spread represents a total annual volatility of 0.0510 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6895 to the December average rate of 0.7051, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7175 was up 3.55% compared to the 2016 peak of 0.6929, 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 3,587 TOP

2016 Average 3,338 TOP

Yearly Trough Low 3,333 TOP

Transaction Impact: A difference of 254.76 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7106

0.6772

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 0.6992, compared to 0.6906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.6992

H2 Avg (Jul–Dec) 0.6906

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0445 TOP (High: 0.7110 / Low: 0.6665). On the other end, April was the most stable month, with a tight range of 0.0094 TOP (High: 0.7118 / Low: 0.7024).

November Spread (Volatile) ±0.0445

April Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0111 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.7078) against the same month in 2016 (average: 0.6760), the exchange rate shifted by +0.0318 (+4.70%).

2017 Avg (May) 0.7078

2016 Avg (May) 0.6760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6991	0.6795	0.6895
February	0.7073	0.6835	0.6934
March	0.7113	0.6846	0.7008
April	0.7118	0.7024	0.7066
May	0.7175	0.7000	0.7078
June	0.7040	0.6891	0.6967
July	0.7010	0.6791	0.6887
August	0.6961	0.6717	0.6800
September	0.6868	0.6734	0.6816
October	0.6996	0.6773	0.6883
November	0.7110	0.6665	0.6996
December	0.7126	0.6958	0.7051