2011 TOP to EUR Historical Review

YEARLY HIGH

0.4506 EUR

YEARLY LOW

0.3693 EUR

YEARLY AVERAGE

0.4101 EUR

2011 TOP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.4506. Conversely, the yearly low was recorded on April 25, dropping to 0.3693.

This high-to-low spread represents a total annual volatility of 0.0813 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4020 to the December average rate of 0.4376, the exchange rate registered a net change of 8.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4506 was up 6.65% compared to the 2010 peak of 0.4225, 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 2,253 EUR

2010 Average 1,960 EUR

Yearly Trough Low 1,847 EUR

Transaction Impact: A difference of 406.43 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4436

0.3717

JanuMarcMayJulySeptNove

TOP to EUR 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 0.3923, compared to 0.4279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.3923

H2 Avg (Jul–Dec) 0.4279

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0332 EUR (High: 0.4333 / Low: 0.4002). On the other end, February was the most stable month, with a tight range of 0.0103 EUR (High: 0.4004 / Low: 0.3901).

July Spread (Volatile) ±0.0332

February Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between April and September, 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 February and March, when the average rate fell by 0.0106 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.4376) against the same month in 2010 (average: 0.4038), the exchange rate shifted by +0.0337 (+8.36%).

2011 Avg (December) 0.4376

2010 Avg (December) 0.4038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4140	0.3930	0.4020
February	0.4004	0.3901	0.3951
March	0.3931	0.3778	0.3845
April	0.3884	0.3693	0.3777
May	0.4053	0.3792	0.3953
June	0.4081	0.3908	0.3993
July	0.4333	0.4002	0.4153
August	0.4376	0.4187	0.4259
September	0.4382	0.4230	0.4321
October	0.4382	0.4154	0.4249
November	0.4397	0.4210	0.4313
December	0.4506	0.4280	0.4376