2013 SGD to TOP Historical Review

YEARLY HIGH

1.4914 TOP

YEARLY LOW

1.3770 TOP

YEARLY AVERAGE

1.4319 TOP

2013 SGD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SGD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 1.4914. Conversely, the yearly low was recorded on June 1, dropping to 1.3770.

This high-to-low spread represents a total annual volatility of 0.1145 TOP. From a start-to-finish perspective, comparing the January average rate of 1.4124 to the December average rate of 1.4752, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.4914 was up 2.61% compared to the 2012 peak of 1.4535, 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 7,457 TOP

2012 Average 6,958 TOP

Yearly Trough Low 6,885 TOP

Transaction Impact: A difference of 572.37 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.4830

1.3885

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 1.4062, compared to 1.4576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 1.4062

H2 Avg (Jul–Dec) 1.4576

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0877 TOP (High: 1.4647 / Low: 1.3770). On the other end, February was the most stable month, with a tight range of 0.0132 TOP (High: 1.4041 / Low: 1.3909).

June Spread (Volatile) ±0.0877

February Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 1.4546) against the same month in 2012 (average: 1.4150), the exchange rate shifted by +0.0396 (+2.80%).

2013 Avg (September) 1.4546

2012 Avg (September) 1.4150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4246	1.3935	1.4124
February	1.4041	1.3909	1.3964
March	1.4118	1.3841	1.4028
April	1.4144	1.3956	1.4067
May	1.4181	1.3790	1.4007
June	1.4647	1.3770	1.4181
July	1.4720	1.4425	1.4556
August	1.4713	1.4382	1.4558
September	1.4914	1.4343	1.4546
October	1.4635	1.4334	1.4506
November	1.4808	1.4342	1.4538
December	1.4879	1.4576	1.4752