2016 SAR to TOP Historical Review

YEARLY HIGH

0.6235 TOP

YEARLY LOW

0.5809 TOP

YEARLY AVERAGE

0.6004 TOP

2016 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.6235. Conversely, the yearly low was recorded on November 9, dropping to 0.5809.

This high-to-low spread represents a total annual volatility of 0.0426 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6012 to the December average rate of 0.6072, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6235 was up 2.67% compared to the 2015 peak of 0.6073, 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 3,118 TOP

2015 Average 2,826 TOP

Yearly Trough Low 2,905 TOP

Transaction Impact: A difference of 213.05 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6087

0.5910

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 0.6003, compared to 0.6004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.6003

H2 Avg (Jul–Dec) 0.6004

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0296 TOP (High: 0.6105 / Low: 0.5809). On the other end, September was the most stable month, with a tight range of 0.0057 TOP (High: 0.6020 / Low: 0.5962).

November Spread (Volatile) ±0.0296

September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0072 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.6070) against the same month in 2015 (average: 0.5353), the exchange rate shifted by +0.0717 (+13.40%).

2016 Avg (February) 0.6070

2015 Avg (February) 0.5353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6119	0.5944	0.6012
February	0.6235	0.5985	0.6070
March	0.6056	0.5958	0.6008
April	0.5983	0.5891	0.5943
May	0.6076	0.5923	0.6004
June	0.6087	0.5906	0.5984
July	0.6117	0.5983	0.6039
August	0.6055	0.5986	0.6023
September	0.6020	0.5962	0.5996
October	0.6004	0.5878	0.5924
November	0.6105	0.5809	0.5969
December	0.6207	0.5959	0.6072