2011 TOP to FJD Historical Review

YEARLY HIGH

1.0988 FJD

YEARLY LOW

0.9531 FJD

YEARLY AVERAGE

1.0262 FJD

2011 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 1.0988. Conversely, the yearly low was recorded on April 25, dropping to 0.9531.

This high-to-low spread represents a total annual volatility of 0.1457 FJD. From a start-to-finish perspective, comparing the January average rate of 0.9894 to the December average rate of 1.0546, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0988 was up 4.50% compared to the 2010 peak of 1.0515, 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 5,494 FJD

2010 Average 5,005 FJD

Yearly Trough Low 4,765 FJD

Transaction Impact: A difference of 728.45 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0780

0.9637

JanuMarcMayJulySeptNove

TOP to FJD 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 0.9938, compared to 1.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 0.9938

H2 Avg (Jul–Dec) 1.0586

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0763 FJD (High: 1.0735 / Low: 0.9972). On the other end, June was the most stable month, with a tight range of 0.0191 FJD (High: 1.0273 / Low: 1.0082).

July Spread (Volatile) ±0.0763

June Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0161 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.0663) against the same month in 2010 (average: 0.9793), the exchange rate shifted by +0.0870 (+8.89%).

2011 Avg (October) 1.0663

2010 Avg (October) 0.9793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0059	0.9736	0.9894
February	0.9992	0.9797	0.9925
March	1.0041	0.9748	0.9893
April	0.9910	0.9531	0.9732
May	1.0158	0.9839	1.0041
June	1.0273	1.0082	1.0143
July	1.0735	0.9972	1.0341
August	1.0975	1.0520	1.0685
September	1.0805	1.0478	1.0657
October	1.0988	1.0260	1.0663
November	1.0803	1.0345	1.0624
December	1.0770	1.0392	1.0546