2012 TOP to CVE Historical Review

YEARLY HIGH

52.1265 CVE

YEARLY LOW

47.9775 CVE

YEARLY AVERAGE

49.4627 CVE

2012 TOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 52.1265. Conversely, the yearly low was recorded on November 25, dropping to 47.9775.

This high-to-low spread represents a total annual volatility of 4.1490 CVE. From a start-to-finish perspective, comparing the January average rate of 49.1352 to the December average rate of 48.4235, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 52.1265 was up 4.86% compared to the 2011 peak of 49.7122, 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 260,632 CVE

2011 Average 226,222 CVE

Yearly Trough Low 239,887 CVE

Transaction Impact: A difference of 20,745.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

51.3294

48.1593

JanuMarcMayJulySeptNove

TOP to CVE 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 49.2800, compared to 49.6453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3653 points.

H1 Avg (Jan–Jun) 49.2800

H2 Avg (Jul–Dec) 49.6453

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 3.2768 CVE (High: 52.0729 / Low: 48.7961). On the other end, April was the most stable month, with a tight range of 0.8428 CVE (High: 49.6666 / Low: 48.8239).

July Spread (Volatile) ±3.2768

April Spread (Stable) ±0.8428

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 August and September, when the average rate fell by 1.8348 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 51.0653) against the same month in 2011 (average: 46.9800), the exchange rate shifted by +4.0852 (+8.70%).

2012 Avg (August) 51.0653

2011 Avg (August) 46.9800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.6864	48.2999	49.1352
February	49.9018	48.7989	49.3673
March	50.3091	48.9588	49.5523
April	49.6666	48.8239	49.2932
May	50.8795	48.1270	49.0778
June	49.6445	48.6606	49.2544
July	52.0729	48.7961	50.6746
August	52.1265	50.3721	51.0653
September	50.3877	48.3589	49.2305
October	49.4886	48.0693	48.8913
November	50.8088	47.9775	49.5866
December	49.0629	48.0462	48.4235