2011 SZL to TOP Historical Review

YEARLY HIGH

0.2830 TOP

YEARLY LOW

0.2011 TOP

YEARLY AVERAGE

0.2440 TOP

2011 SZL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2830. Conversely, the yearly low was recorded on November 23, dropping to 0.2011.

This high-to-low spread represents a total annual volatility of 0.0819 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2694 to the December average rate of 0.2121, the exchange rate registered a net change of -21.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2830 was up 0.00% compared to the 2010 peak of 0.2830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,415 TOP

2010 Average 1,317 TOP

Yearly Trough Low 1,006 TOP

Transaction Impact: A difference of 409.62 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2783

0.2040

JanuMarcMayJulySeptNove

SZL 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 0.2637, compared to 0.2243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0395 points.

H1 Avg (Jan–Jun) 0.2637

H2 Avg (Jul–Dec) 0.2243

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0246 TOP (High: 0.2830 / Low: 0.2585). On the other end, June was the most stable month, with a tight range of 0.0074 TOP (High: 0.2598 / Low: 0.2524).

January Spread (Volatile) ±0.0246

June Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0169 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2694) against the same month in 2010 (average: 0.2549), the exchange rate shifted by +0.0144 (+5.66%).

2011 Avg (January) 0.2694

2010 Avg (January) 0.2549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2830	0.2585	0.2694
February	0.2658	0.2544	0.2581
March	0.2722	0.2629	0.2680
April	0.2788	0.2644	0.2721
May	0.2701	0.2511	0.2583
June	0.2598	0.2524	0.2565
July	0.2551	0.2409	0.2484
August	0.2411	0.2265	0.2314
September	0.2351	0.2157	0.2265
October	0.2219	0.2097	0.2170
November	0.2140	0.2011	0.2102
December	0.2167	0.2034	0.2121