2012 SGD to TOP Historical Review

YEARLY HIGH

1.4535 TOP

YEARLY LOW

1.3248 TOP

YEARLY AVERAGE

1.3915 TOP

2012 SGD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SGD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.4535. Conversely, the yearly low was recorded on March 14, dropping to 1.3248.

This high-to-low spread represents a total annual volatility of 0.1287 TOP. From a start-to-finish perspective, comparing the January average rate of 1.3609 to the December average rate of 1.4254, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4535 was down 3.37% compared to the 2011 peak of 1.5042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 7,267 TOP

2011 Average 6,983 TOP

Yearly Trough Low 6,624 TOP

Transaction Impact: A difference of 643.40 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4339

1.3321

JanuMarcMayJulySeptNove

SGD 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 1.3668, compared to 1.4161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 1.3668

H2 Avg (Jul–Dec) 1.4161

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0775 TOP (High: 1.4175 / Low: 1.3400). On the other end, June was the most stable month, with a tight range of 0.0266 TOP (High: 1.4154 / Low: 1.3888).

May Spread (Volatile) ±0.0775

June Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between March and July, 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 January and February, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1.4199) against the same month in 2011 (average: 1.3266), the exchange rate shifted by +0.0933 (+7.03%).

2012 Avg (November) 1.4199

2011 Avg (November) 1.3266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3840	1.3410	1.3609
February	1.3703	1.3342	1.3495
March	1.3555	1.3248	1.3406
April	1.3813	1.3415	1.3602
May	1.4175	1.3400	1.3905
June	1.4154	1.3888	1.3990
July	1.4268	1.3980	1.4106
August	1.4151	1.3876	1.4028
September	1.4305	1.3980	1.4150
October	1.4343	1.4014	1.4231
November	1.4535	1.3923	1.4199
December	1.4446	1.4163	1.4254