2011 TOP to GIP Historical Review

YEARLY HIGH

0.3826 GIP

YEARLY LOW

0.3254 GIP

YEARLY AVERAGE

0.3559 GIP

2011 TOP to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.3826. Conversely, the yearly low was recorded on April 25, dropping to 0.3254.

This high-to-low spread represents a total annual volatility of 0.0572 GIP. From a start-to-finish perspective, comparing the January average rate of 0.3411 to the December average rate of 0.3690, the exchange rate registered a net change of 8.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3826 was up 7.27% compared to the 2010 peak of 0.3567, 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 1,913 GIP

2010 Average 1,681 GIP

Yearly Trough Low 1,627 GIP

Transaction Impact: A difference of 286.10 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3807

0.3293

JanuMarcMayJulySeptNove

TOP to GIP 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 0.3407, compared to 0.3712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.3407

H2 Avg (Jul–Dec) 0.3712

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0195 GIP (High: 0.3798 / Low: 0.3602). On the other end, February was the most stable month, with a tight range of 0.0050 GIP (High: 0.3374 / Low: 0.3324).

July Spread (Volatile) ±0.0195

February Spread (Stable) ±0.0050

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 January and February, when the average rate fell by 0.0064 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.3764) against the same month in 2010 (average: 0.3306), the exchange rate shifted by +0.0458 (+13.85%).

2011 Avg (September) 0.3764

2010 Avg (September) 0.3306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3463	0.3356	0.3411
February	0.3374	0.3324	0.3346
March	0.3370	0.3277	0.3338
April	0.3398	0.3254	0.3336
May	0.3528	0.3376	0.3464
June	0.3632	0.3487	0.3545
July	0.3798	0.3602	0.3681
August	0.3825	0.3660	0.3734
September	0.3826	0.3683	0.3764
October	0.3789	0.3643	0.3701
November	0.3756	0.3596	0.3701
December	0.3780	0.3637	0.3690