2012 TOP to BTN Historical Review

YEARLY HIGH

32.2533 BTN

YEARLY LOW

28.6252 BTN

YEARLY AVERAGE

30.3018 BTN

2012 TOP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 32.2533. Conversely, the yearly low was recorded on January 19, dropping to 28.6252.

This high-to-low spread represents a total annual volatility of 3.6281 BTN. From a start-to-finish perspective, comparing the January average rate of 29.4063 to the December average rate of 31.4183, the exchange rate registered a net change of 6.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 32.2533 was up 2.78% compared to the 2011 peak of 31.3802, 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 161,267 BTN

2011 Average 133,200 BTN

Yearly Trough Low 143,126 BTN

Transaction Impact: A difference of 18,140.58 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

31.7967

28.8621

JanuMarcMayJulySeptNove

TOP to BTN 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 30.1677, compared to 30.4360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2683 points.

H1 Avg (Jan–Jun) 30.1677

H2 Avg (Jul–Dec) 30.4360

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 2.3900 BTN (High: 31.0698 / Low: 28.6798). On the other end, August was the most stable month, with a tight range of 0.6050 BTN (High: 29.7524 / Low: 29.1474).

October Spread (Volatile) ±2.3900

August Spread (Stable) ±0.6050

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 1.2262 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 31.5522) against the same month in 2011 (average: 29.6664), the exchange rate shifted by +1.8857 (+6.36%).

2012 Avg (November) 31.5522

2011 Avg (November) 29.6664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.5939	28.6252	29.4063
February	29.7666	28.7826	29.1067
March	30.2751	29.4411	29.8442
April	31.0079	29.7924	30.3819
May	31.8536	30.2902	30.9813
June	31.9480	30.6911	31.2858
July	31.2786	29.0466	30.0596
August	29.7524	29.1474	29.3773
September	31.1694	28.9343	29.7937
October	31.0698	28.6798	30.4147
November	32.2533	30.9294	31.5522
December	31.7872	30.8172	31.4183