2014 TOP to BTN Historical Review

YEARLY HIGH

33.9174 BTN

YEARLY LOW

30.6531 BTN

YEARLY AVERAGE

32.3468 BTN

2014 TOP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 33.9174. Conversely, the yearly low was recorded on November 10, dropping to 30.6531.

This high-to-low spread represents a total annual volatility of 3.2642 BTN. From a start-to-finish perspective, comparing the January average rate of 33.3368 to the December average rate of 31.9702, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 33.9174 was down 7.34% compared to the 2013 peak of 36.6043, 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 169,587 BTN

2013 Average 163,229 BTN

Yearly Trough Low 153,266 BTN

Transaction Impact: A difference of 16,321.14 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

33.5689

30.7829

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 32.7659, compared to 31.9278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8381 points.

H1 Avg (Jan–Jun) 32.7659

H2 Avg (Jul–Dec) 31.9278

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.7568 BTN (High: 33.0264 / Low: 31.2696). On the other end, February was the most stable month, with a tight range of 0.5139 BTN (High: 33.6025 / Low: 33.0886).

May Spread (Volatile) ±1.7568

February Spread (Stable) ±0.5139

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9153 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 33.3368) against the same month in 2013 (average: 31.3128), the exchange rate shifted by +2.0239 (+6.46%).

2014 Avg (January) 33.3368

2013 Avg (January) 31.3128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.9174	33.0706	33.3368
February	33.6025	33.0886	33.2781
March	33.4225	32.3219	32.8527
April	33.4948	32.4623	32.9470
May	33.0264	31.2696	32.0317
June	32.5667	31.5830	32.1488
July	33.3548	32.3209	32.5957
August	33.3592	32.1206	32.7558
September	32.6499	31.3107	31.9289
October	31.7808	31.0508	31.3009
November	31.6220	30.6531	31.0151
December	32.4557	31.2289	31.9702