2015 TOP to ETB Historical Review

YEARLY HIGH

10.2859 ETB

YEARLY LOW

9.2059 ETB

YEARLY AVERAGE

9.7751 ETB

2015 TOP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.2859. Conversely, the yearly low was recorded on August 31, dropping to 9.2059.

This high-to-low spread represents a total annual volatility of 1.0800 ETB. From a start-to-finish perspective, comparing the January average rate of 10.2180 to the December average rate of 9.4135, the exchange rate registered a net change of -7.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.2859 was down 6.12% compared to the 2014 peak of 10.9560, 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 51,429 ETB

2014 Average 52,129 ETB

Yearly Trough Low 46,029 ETB

Transaction Impact: A difference of 5,400.04 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.3033

9.2803

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 10.0954, compared to 9.4548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6406 points.

H1 Avg (Jan–Jun) 10.0954

H2 Avg (Jul–Dec) 9.4548

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.5011 ETB (High: 9.7099 / Low: 9.2088). On the other end, May was the most stable month, with a tight range of 0.0659 ETB (High: 10.1734 / Low: 10.1075).

September Spread (Volatile) ±0.5011

May Spread (Stable) ±0.0659

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2874 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 10.2180) against the same month in 2014 (average: 10.2930), the exchange rate shifted by -0.0750 (-0.73%).

2015 Avg (January) 10.2180

2014 Avg (January) 10.2930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2859	10.1523	10.2180
February	10.2433	9.9752	10.1170
March	10.2217	9.9752	10.1135
April	10.1417	10.0396	10.0967
May	10.1734	10.1075	10.1428
June	10.0631	9.5670	9.8846
July	9.7452	9.3441	9.5972
August	9.3948	9.2059	9.3656
September	9.7099	9.2088	9.4790
October	9.5293	9.3234	9.4048
November	9.5349	9.3757	9.4686
December	9.4918	9.2879	9.4135