2011 PGK to TOP Historical Review

YEARLY HIGH

0.8382 TOP

YEARLY LOW

0.7008 TOP

YEARLY AVERAGE

0.7485 TOP

2011 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.8382. Conversely, the yearly low was recorded on January 25, dropping to 0.7008.

This high-to-low spread represents a total annual volatility of 0.1374 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7109 to the December average rate of 0.8159, the exchange rate registered a net change of 14.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8382 was up 13.35% compared to the 2010 peak of 0.7395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,191 TOP

2010 Average 3,573 TOP

Yearly Trough Low 3,504 TOP

Transaction Impact: A difference of 686.96 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8265

0.6998

JanuMarcMayJulySeptNove

PGK 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 0.7232, compared to 0.7739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0507 points.

H1 Avg (Jan–Jun) 0.7232

H2 Avg (Jul–Dec) 0.7739

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0564 TOP (High: 0.7666 / Low: 0.7102). On the other end, February was the most stable month, with a tight range of 0.0108 TOP (High: 0.7182 / Low: 0.7074).

July Spread (Volatile) ±0.0564

February Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between February and June, 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 July and August, when the average rate fell by 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.8048) against the same month in 2010 (average: 0.7184), the exchange rate shifted by +0.0865 (+12.04%).

2011 Avg (November) 0.8048

2010 Avg (November) 0.7184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7203	0.7008	0.7109
February	0.7182	0.7074	0.7104
March	0.7261	0.7104	0.7173
April	0.7493	0.7141	0.7277
May	0.7360	0.7241	0.7284
June	0.7709	0.7199	0.7444
July	0.7666	0.7102	0.7411
August	0.7443	0.7085	0.7351
September	0.7871	0.7362	0.7601
October	0.7976	0.7790	0.7864
November	0.8382	0.7871	0.8048
December	0.8235	0.8039	0.8159