2011 TOP to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 110.4502. Conversely, the yearly low was recorded on January 13, dropping to 94.1880.
This high-to-low spread represents a total annual volatility of 16.2622 DJF. From a start-to-finish perspective, comparing the January average rate of 95.5206 to the December average rate of 102.6362, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 110.4502 was up 13.78% compared to the 2010 peak of 97.0760, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TOP to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 97.8288, compared to 104.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1710 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 7.0584 DJF (High: 110.1326 / Low: 103.0742). On the other end, February was the most stable month, with a tight range of 0.2054 DJF (High: 95.9041 / Low: 95.6986).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.7686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 108.5146) against the same month in 2010 (average: 91.7105), the exchange rate shifted by +16.8041 (+18.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 95.8858 | 94.1880 | 95.5206 |
| February | 95.9041 | 95.6986 | 95.8618 |
| March | 96.4448 | 95.3800 | 95.7703 |
| April | 99.9859 | 95.4318 | 97.0600 |
| May | 101.1233 | 99.9859 | 100.6563 |
| June | 103.2520 | 101.5431 | 102.1036 |
| July | 110.1326 | 103.0742 | 105.5133 |
| August | 110.4502 | 107.5708 | 108.5146 |
| September | 109.0300 | 102.1948 | 105.7460 |
| October | 105.4202 | 101.3778 | 103.6458 |
| November | 105.9897 | 99.6497 | 103.9429 |
| December | 104.2370 | 101.6063 | 102.6362 |