2013 TOP to CVE Historical Review

YEARLY HIGH

49.3051 CVE

YEARLY LOW

42.8540 CVE

YEARLY AVERAGE

46.3317 CVE

2013 TOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 49.3051. Conversely, the yearly low was recorded on December 31, dropping to 42.8540.

This high-to-low spread represents a total annual volatility of 6.4511 CVE. From a start-to-finish perspective, comparing the January average rate of 47.8487 to the December average rate of 43.2276, the exchange rate registered a net change of -9.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 49.3051 was down 5.41% compared to the 2012 peak of 52.1265, 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 246,526 CVE

2012 Average 247,323 CVE

Yearly Trough Low 214,270 CVE

Transaction Impact: A difference of 32,255.49 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

49.2400

42.6810

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 48.0559, compared to 44.6075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4484 points.

H1 Avg (Jan–Jun) 48.0559

H2 Avg (Jul–Dec) 44.6075

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 3.8190 CVE (High: 48.8470 / Low: 45.0280). On the other end, December was the most stable month, with a tight range of 0.7759 CVE (High: 43.6299 / Low: 42.8540).

June Spread (Volatile) ±3.8190

December Spread (Stable) ±0.7759

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 1.7304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 48.5557) against the same month in 2012 (average: 49.0778), the exchange rate shifted by -0.5221 (-1.06%).

2013 Avg (May) 48.5557

2012 Avg (May) 49.0778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.3268	47.2839	47.8487
February	48.4699	46.8678	47.7281
March	49.2506	47.8742	48.6934
April	49.1850	48.2269	48.6843
May	49.3051	48.1962	48.5557
June	48.8470	45.0280	46.8253
July	46.4422	44.8828	45.6997
August	45.0933	44.0551	44.6064
September	45.1094	43.5888	44.5852
October	45.3430	44.0133	44.6141
November	45.7174	43.5928	44.9121
December	43.6299	42.8540	43.2276