2014 TOP to ALL Historical Review

YEARLY HIGH

58.6288 ALL

YEARLY LOW

54.1895 ALL

YEARLY AVERAGE

55.8872 ALL

2014 TOP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 58.6288. Conversely, the yearly low was recorded on March 12, dropping to 54.1895.

This high-to-low spread represents a total annual volatility of 4.4394 ALL. From a start-to-finish perspective, comparing the January average rate of 55.4331 to the December average rate of 57.9642, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 58.6288 was down 7.02% compared to the 2013 peak of 63.0533, 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 293,144 ALL

2013 Average 295,130 ALL

Yearly Trough Low 270,947 ALL

Transaction Impact: A difference of 22,196.84 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

58.2920

54.3588

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 55.1582, compared to 56.6161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4580 points.

H1 Avg (Jan–Jun) 55.1582

H2 Avg (Jul–Dec) 56.6161

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 2.1433 ALL (High: 57.2525 / Low: 55.1092). On the other end, February was the most stable month, with a tight range of 0.9387 ALL (High: 55.5269 / Low: 54.5882).

October Spread (Volatile) ±2.1433

February Spread (Stable) ±0.9387

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.8932 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 57.9642) against the same month in 2013 (average: 55.0933), the exchange rate shifted by +2.8709 (+5.21%).

2014 Avg (December) 57.9642

2013 Avg (December) 55.0933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.9921	54.8375	55.4331
February	55.5269	54.5882	54.9953
March	55.7453	54.1895	54.6866
April	56.0346	54.3632	55.3616
May	55.5593	54.3882	55.0220
June	55.8351	54.8413	55.4504
July	57.3214	55.6725	56.0863
August	57.0898	55.1960	56.2860
September	58.3077	56.4404	56.9898
October	57.2525	55.1092	56.0966
November	57.4840	55.6288	56.2740
December	58.6288	56.9396	57.9642