2013 TOP to BIF Historical Review

YEARLY HIGH

914.8828 BIF

YEARLY LOW

808.1068 BIF

YEARLY AVERAGE

865.7877 BIF

2013 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 914.8828. Conversely, the yearly low was recorded on September 3, dropping to 808.1068.

This high-to-low spread represents a total annual volatility of 106.7760 BIF. From a start-to-finish perspective, comparing the January average rate of 874.3527 to the December average rate of 832.6438, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 914.8828 was up 2.79% compared to the 2012 peak of 890.0503, 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 4,574,414 BIF

2012 Average 4,036,909 BIF

Yearly Trough Low 4,040,534 BIF

Transaction Impact: A difference of 533,880.02 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

913.7642

822.6065

JanuMarcMayJulySeptNove

TOP to BIF 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 890.2980, compared to 841.2773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.0207 points.

H1 Avg (Jan–Jun) 890.2980

H2 Avg (Jul–Dec) 841.2773

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 58.9554 BIF (High: 893.9134 / Low: 834.9579). On the other end, December was the most stable month, with a tight range of 8.8528 BIF (High: 838.1593 / Low: 829.3065).

June Spread (Volatile) ±58.9554

December Spread (Stable) ±8.8528

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 June and July, when the average rate fell by 32.4173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -32.4173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 906.1678) against the same month in 2012 (average: 768.5041), the exchange rate shifted by +137.6637 (+17.91%).

2013 Avg (February) 906.1678

2012 Avg (February) 768.5041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	905.6653	860.9923	874.3527
February	914.8828	894.3537	906.1678
March	908.6745	859.5179	890.9919
April	909.4364	896.3585	902.1422
May	905.3774	882.0900	898.1278
June	893.9134	834.9579	870.0057
July	843.1697	828.8338	837.5884
August	840.3259	824.4856	830.2030
September	856.4313	808.1068	838.0610
October	861.9825	845.0613	855.3993
November	869.3311	832.2349	853.7682
December	838.1593	829.3065	832.6438