2013 SAR to TOP Historical Review

YEARLY HIGH

0.5078 TOP

YEARLY LOW

0.4598 TOP

YEARLY AVERAGE

0.4777 TOP

2013 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.5078. Conversely, the yearly low was recorded on March 5, dropping to 0.4598.

This high-to-low spread represents a total annual volatility of 0.0479 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4625 to the December average rate of 0.4953, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5078 was up 5.46% compared to the 2012 peak of 0.4815, 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 2,539 TOP

2012 Average 2,318 TOP

Yearly Trough Low 2,299 TOP

Transaction Impact: A difference of 239.72 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4987

0.4577

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 0.4662, compared to 0.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.4662

H2 Avg (Jul–Dec) 0.4893

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0310 TOP (High: 0.4952 / Low: 0.4642). On the other end, February was the most stable month, with a tight range of 0.0037 TOP (High: 0.4638 / Low: 0.4601).

June Spread (Volatile) ±0.0310

February Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between April and August, 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 September and October, when the average rate fell by 0.0091 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 0.4900) against the same month in 2012 (average: 0.4646), the exchange rate shifted by +0.0254 (+5.46%).

2013 Avg (September) 0.4900

2012 Avg (September) 0.4646

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4646	0.4600	0.4625
February	0.4638	0.4601	0.4611
March	0.4680	0.4598	0.4660
April	0.4675	0.4605	0.4644
May	0.4716	0.4642	0.4663
June	0.4952	0.4642	0.4767
July	0.4968	0.4888	0.4920
August	0.4960	0.4888	0.4937
September	0.5078	0.4801	0.4900
October	0.4854	0.4768	0.4809
November	0.4956	0.4755	0.4837
December	0.4961	0.4918	0.4953