2011 TOP to ALL Historical Review

YEARLY HIGH

62.2664 ALL

YEARLY LOW

52.2363 ALL

YEARLY AVERAGE

57.5510 ALL

2011 TOP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 62.2664. Conversely, the yearly low was recorded on April 24, dropping to 52.2363.

This high-to-low spread represents a total annual volatility of 10.0301 ALL. From a start-to-finish perspective, comparing the January average rate of 55.8246 to the December average rate of 60.5000, the exchange rate registered a net change of 8.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 62.2664 was up 7.44% compared to the 2010 peak of 57.9535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311,332 ALL

2010 Average 270,033 ALL

Yearly Trough Low 261,181 ALL

Transaction Impact: A difference of 50,150.28 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

61.5013

52.7680

JanuMarcMayJulySeptNove

TOP to ALL 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 55.1872, compared to 59.9148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7275 points.

H1 Avg (Jan–Jun) 55.1872

H2 Avg (Jul–Dec) 59.9148

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 4.1199 ALL (High: 60.7033 / Low: 56.5834). On the other end, February was the most stable month, with a tight range of 1.2613 ALL (High: 55.7922 / Low: 54.5309).

July Spread (Volatile) ±4.1199

February Spread (Stable) ±1.2613

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2124 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.2124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 60.5000) against the same month in 2010 (average: 56.0309), the exchange rate shifted by +4.4691 (+7.98%).

2011 Avg (December) 60.5000

2010 Avg (December) 56.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.2823	54.8067	55.8246
February	55.7922	54.5309	55.1683
March	54.9910	53.1205	53.9559
April	54.7848	52.2363	53.4958
May	57.2120	53.9881	55.9819
June	57.6595	55.8381	56.6970
July	60.7033	56.5834	58.1404
August	60.9648	58.7058	59.6036
September	61.5297	59.3645	60.6361
October	61.7931	58.4822	59.8352
November	61.7654	59.2877	60.7735
December	62.2664	59.0055	60.5000