2021 SAR to TOP Historical Review

YEARLY HIGH

0.6148 TOP

YEARLY LOW

0.5914 TOP

YEARLY AVERAGE

0.6041 TOP

2021 SAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.6148. Conversely, the yearly low was recorded on June 2, dropping to 0.5914.

This high-to-low spread represents a total annual volatility of 0.0233 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6081 to the December average rate of 0.6088, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6148 was down 3.77% compared to the 2020 peak of 0.6388, 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 3,074 TOP

2020 Average 3,067 TOP

Yearly Trough Low 2,957 TOP

Transaction Impact: A difference of 116.71 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6136

0.5944

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 0.6052, compared to 0.6029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.6052

H2 Avg (Jul–Dec) 0.6029

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0133 TOP (High: 0.6092 / Low: 0.5959). On the other end, July was the most stable month, with a tight range of 0.0049 TOP (High: 0.6043 / Low: 0.5994).

November Spread (Volatile) ±0.0133

July Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6120) against the same month in 2020 (average: 0.6175), the exchange rate shifted by -0.0055 (-0.89%).

2021 Avg (February) 0.6120

2020 Avg (February) 0.6175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6128	0.6026	0.6081
February	0.6148	0.6058	0.6120
March	0.6126	0.6024	0.6079
April	0.6110	0.6025	0.6069
May	0.6057	0.5950	0.6004
June	0.6016	0.5914	0.5960
July	0.6043	0.5994	0.6019
August	0.6096	0.6007	0.6036
September	0.6069	0.5971	0.6005
October	0.6054	0.5954	0.6007
November	0.6092	0.5959	0.6019
December	0.6116	0.6059	0.6088