2011 ARS to TOP Historical Review

YEARLY HIGH

0.4745 TOP

YEARLY LOW

0.3870 TOP

YEARLY AVERAGE

0.4261 TOP

2011 ARS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4745. Conversely, the yearly low was recorded on August 10, dropping to 0.3870.

This high-to-low spread represents a total annual volatility of 0.0875 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4676 to the December average rate of 0.4050, the exchange rate registered a net change of -13.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4745 was down 8.97% compared to the 2010 peak of 0.5213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,373 TOP

2010 Average 2,463 TOP

Yearly Trough Low 1,935 TOP

Transaction Impact: A difference of 437.73 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4750

0.3860

JanuMarcMayJulySeptNove

ARS 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 0.4495, compared to 0.4027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 0.4495

H2 Avg (Jul–Dec) 0.4027

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0296 TOP (High: 0.4199 / Low: 0.3903). On the other end, February was the most stable month, with a tight range of 0.0038 TOP (High: 0.4639 / Low: 0.4601).

July Spread (Volatile) ±0.0296

February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0183 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4676) against the same month in 2010 (average: 0.4998), the exchange rate shifted by -0.0322 (-6.45%).

2011 Avg (January) 0.4676

2010 Avg (January) 0.4998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4745	0.4633	0.4676
February	0.4639	0.4601	0.4611
March	0.4627	0.4571	0.4600
April	0.4605	0.4355	0.4506
May	0.4355	0.4302	0.4323
June	0.4279	0.4192	0.4252
July	0.4199	0.3903	0.4093
August	0.3975	0.3870	0.3934
September	0.4139	0.3880	0.4001
October	0.4164	0.3980	0.4066
November	0.4185	0.3947	0.4018
December	0.4088	0.3993	0.4050

2011 ARS నుండి TOP చారిత్రక సమీక్ష