2012 SAR to TOP Historical Review

YEARLY HIGH

0.4815 TOP

YEARLY LOW

0.4467 TOP

YEARLY AVERAGE

0.4635 TOP

2012 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.4815. Conversely, the yearly low was recorded on May 10, dropping to 0.4467.

This high-to-low spread represents a total annual volatility of 0.0348 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4643 to the December average rate of 0.4639, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4815 was down 4.30% compared to the 2011 peak of 0.5031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,408 TOP

2011 Average 2,341 TOP

Yearly Trough Low 2,233 TOP

Transaction Impact: A difference of 174.24 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4798

0.4471

JanuMarcMayJulySeptNove

SAR 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 0.4607, compared to 0.4662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.4607

H2 Avg (Jul–Dec) 0.4662

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0328 TOP (High: 0.4795 / Low: 0.4467). On the other end, June was the most stable month, with a tight range of 0.0057 TOP (High: 0.4791 / Low: 0.4735).

May Spread (Volatile) ±0.0328

June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.4741) against the same month in 2011 (average: 0.4494), the exchange rate shifted by +0.0248 (+5.51%).

2012 Avg (July) 0.4741

2011 Avg (July) 0.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4682	0.4543	0.4643
February	0.4556	0.4478	0.4513
March	0.4556	0.4470	0.4498
April	0.4561	0.4497	0.4537
May	0.4795	0.4467	0.4681
June	0.4791	0.4735	0.4771
July	0.4815	0.4650	0.4741
August	0.4703	0.4626	0.4669
September	0.4712	0.4576	0.4646
October	0.4691	0.4593	0.4645
November	0.4738	0.4557	0.4633
December	0.4703	0.4621	0.4639