2013 TOP to CDF Historical Review

YEARLY HIGH

535.9400 CDF

YEARLY LOW

486.4791 CDF

YEARLY AVERAGE

515.2785 CDF

2013 TOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 535.9400. Conversely, the yearly low was recorded on September 3, dropping to 486.4791.

This high-to-low spread represents a total annual volatility of 49.4609 CDF. From a start-to-finish perspective, comparing the January average rate of 531.2354 to the December average rate of 497.0036, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 535.9400 was down 2.66% compared to the 2012 peak of 550.5791, 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 2,679,700 CDF

2012 Average 2,646,972 CDF

Yearly Trough Low 2,432,396 CDF

Transaction Impact: A difference of 247,304.45 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

535.2815

493.5238

JanuMarcMayJulySeptNove

TOP to CDF 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 527.2574, compared to 503.2996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.9578 points.

H1 Avg (Jan–Jun) 527.2574

H2 Avg (Jul–Dec) 503.2996

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 35.1425 CDF (High: 529.5130 / Low: 494.3705). On the other end, February was the most stable month, with a tight range of 5.8147 CDF (High: 534.1909 / Low: 528.3762).

June Spread (Volatile) ±35.1425

February Spread (Stable) ±5.8147

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 16.3589 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.3589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 531.2354) against the same month in 2012 (average: 523.5781), the exchange rate shifted by +7.6573 (+1.46%).

2013 Avg (January) 531.2354

2012 Avg (January) 523.5781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	535.9400	526.2663	531.2354
February	534.1909	528.3762	531.8017
March	532.9589	526.1754	529.5969
April	532.6202	522.5083	528.6067
May	532.4210	519.6556	526.5361
June	529.5130	494.3705	515.7678
July	504.5739	492.5972	499.4089
August	501.7065	493.7141	497.2794
September	514.7256	486.4791	503.6459
October	518.1633	507.1128	512.9704
November	518.4011	497.2582	509.4894
December	501.9162	494.4123	497.0036