2013 TOP to ETB Historical Review

YEARLY HIGH

10.7443 ETB

YEARLY LOW

9.9108 ETB

YEARLY AVERAGE

10.4489 ETB

2013 TOP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 10.7443. Conversely, the yearly low was recorded on September 3, dropping to 9.9108.

This high-to-low spread represents a total annual volatility of 0.8335 ETB. From a start-to-finish perspective, comparing the January average rate of 10.5475 to the December average rate of 10.2830, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 10.7443 was up 1.08% compared to the 2012 peak of 10.6292, 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 53,721 ETB

2012 Average 51,120 ETB

Yearly Trough Low 49,554 ETB

Transaction Impact: A difference of 4,167.36 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

10.7032

10.1156

JanuMarcMayJulySeptNove

TOP to ETB 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 10.5839, compared to 10.3140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2700 points.

H1 Avg (Jan–Jun) 10.5839

H2 Avg (Jul–Dec) 10.3140

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.6604 ETB (High: 10.7443 / Low: 10.0839). On the other end, December was the most stable month, with a tight range of 0.1506 ETB (High: 10.3991 / Low: 10.2484).

June Spread (Volatile) ±0.6604

December Spread (Stable) ±0.1506

Growth Streaks & Declines

Trends

Between March and May, 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 0.2977 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 10.4641) against the same month in 2012 (average: 9.8955), the exchange rate shifted by +0.5686 (+5.75%).

2013 Avg (June) 10.4641

2012 Avg (June) 9.8955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6215	10.4404	10.5475
February	10.7206	10.5604	10.6383
March	10.6793	10.4211	10.5575
April	10.7294	10.5203	10.6419
May	10.7161	10.5432	10.6542
June	10.7443	10.0839	10.4641
July	10.2593	10.0427	10.1664
August	10.2673	10.1054	10.1646
September	10.5153	9.9108	10.2751
October	10.6043	10.4105	10.5055
November	10.6591	10.2587	10.4891
December	10.3991	10.2484	10.2830