2018 SAR to TOP Historical Review

YEARLY HIGH

0.6229 TOP

YEARLY LOW

0.5870 TOP

YEARLY AVERAGE

0.6059 TOP

2018 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.6229. Conversely, the yearly low was recorded on February 5, dropping to 0.5870.

This high-to-low spread represents a total annual volatility of 0.0359 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5992 to the December average rate of 0.6070, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6229 was down 0.46% compared to the 2017 peak of 0.6258, 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 3,115 TOP

2017 Average 3,020 TOP

Yearly Trough Low 2,935 TOP

Transaction Impact: A difference of 179.71 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6199

0.5877

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 0.5981, compared to 0.6137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.5981

H2 Avg (Jul–Dec) 0.6137

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0216 TOP (High: 0.6127 / Low: 0.5911). On the other end, August was the most stable month, with a tight range of 0.0002 TOP (High: 0.6162 / Low: 0.6160).

May Spread (Volatile) ±0.0216

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0088 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.6172) against the same month in 2017 (average: 0.5963), the exchange rate shifted by +0.0209 (+3.50%).

2018 Avg (July) 0.6172

2017 Avg (July) 0.5963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6056	0.5900	0.5992
February	0.5952	0.5870	0.5904
March	0.5970	0.5895	0.5929
April	0.6010	0.5895	0.5930
May	0.6127	0.5911	0.6037
June	0.6149	0.6025	0.6092
July	0.6229	0.6147	0.6172
August	0.6162	0.6160	0.6161
September	0.6162	0.6159	0.6161
October	0.6161	0.6134	0.6145
November	0.6141	0.6103	0.6115
December	0.6115	0.6004	0.6070