2014 TJS to TOP Historical Review

YEARLY HIGH

0.3981 TOP

YEARLY LOW

0.3642 TOP

YEARLY AVERAGE

0.3829 TOP

2014 TJS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TJS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.3981. Conversely, the yearly low was recorded on July 13, dropping to 0.3642.

This high-to-low spread represents a total annual volatility of 0.0339 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3899 to the December average rate of 0.3813, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3981 was down 0.36% compared to the 2013 peak of 0.3995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,990 TOP

2013 Average 1,881 TOP

Yearly Trough Low 1,821 TOP

Transaction Impact: A difference of 169.42 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3950

0.3705

JanuMarcMayJulySeptNove

TJS 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 0.3833, compared to 0.3825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.3833

H2 Avg (Jul–Dec) 0.3825

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0191 TOP (High: 0.3912 / Low: 0.3721). On the other end, January was the most stable month, with a tight range of 0.0056 TOP (High: 0.3925 / Low: 0.3869).

September Spread (Volatile) ±0.0191

January Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0116 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.3929) against the same month in 2013 (average: 0.3801), the exchange rate shifted by +0.0128 (+3.37%).

2014 Avg (November) 0.3929

2013 Avg (November) 0.3801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3925	0.3869	0.3899
February	0.3924	0.3862	0.3895
March	0.3886	0.3801	0.3864
April	0.3859	0.3733	0.3788
May	0.3815	0.3711	0.3777
June	0.3826	0.3738	0.3777
July	0.3757	0.3642	0.3725
August	0.3783	0.3656	0.3733
September	0.3912	0.3721	0.3823
October	0.3955	0.3882	0.3925
November	0.3981	0.3857	0.3929
December	0.3892	0.3770	0.3813