2015 SAR to TOP Historical Review

YEARLY HIGH

0.6073 TOP

YEARLY LOW

0.5248 TOP

YEARLY AVERAGE

0.5650 TOP

2015 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.6073. Conversely, the yearly low was recorded on January 4, dropping to 0.5248.

This high-to-low spread represents a total annual volatility of 0.0825 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5276 to the December average rate of 0.5978, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6073 was up 13.55% compared to the 2014 peak of 0.5348, 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 3,036 TOP

2014 Average 2,516 TOP

Yearly Trough Low 2,624 TOP

Transaction Impact: A difference of 412.25 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6048

0.5206

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 0.5396, compared to 0.5904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 0.5396

H2 Avg (Jul–Dec) 0.5904

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0316 TOP (High: 0.5771 / Low: 0.5455). On the other end, April was the most stable month, with a tight range of 0.0008 TOP (High: 0.5404 / Low: 0.5396).

June Spread (Volatile) ±0.0316

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0048 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.5978) against the same month in 2014 (average: 0.5231), the exchange rate shifted by +0.0747 (+14.27%).

2015 Avg (December) 0.5978

2014 Avg (December) 0.5231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5303	0.5248	0.5276
February	0.5403	0.5276	0.5353
March	0.5438	0.5321	0.5376
April	0.5404	0.5396	0.5401
May	0.5417	0.5397	0.5403
June	0.5771	0.5455	0.5571
July	0.5921	0.5671	0.5764
August	0.6036	0.5919	0.5927
September	0.6038	0.5749	0.5879
October	0.5983	0.5899	0.5948
November	0.5987	0.5891	0.5929
December	0.6073	0.5946	0.5978