2011 TOP to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 17.7661. Conversely, the yearly low was recorded on March 22, dropping to 14.3585.
This high-to-low spread represents a total annual volatility of 3.4075 GMD. From a start-to-finish perspective, comparing the January average rate of 14.9015 to the December average rate of 16.6851, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 17.7661 was up 13.74% compared to the 2010 peak of 15.6203, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TOP to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.2562, compared to 16.9100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6538 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 1.7070 GMD (High: 17.4047 / Low: 15.6977). On the other end, February was the most stable month, with a tight range of 0.4872 GMD (High: 15.2553 / Low: 14.7681).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3926 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 17.3192) against the same month in 2010 (average: 14.9405), the exchange rate shifted by +2.3787 (+15.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2528 | 14.5813 | 14.9015 |
| February | 15.2553 | 14.7681 | 15.1378 |
| March | 15.3311 | 14.3585 | 14.9001 |
| April | 15.6841 | 14.5128 | 15.0469 |
| May | 16.0754 | 15.3794 | 15.6967 |
| June | 16.4057 | 15.1133 | 15.8541 |
| July | 17.4047 | 15.6977 | 16.4495 |
| August | 17.6683 | 16.5418 | 16.9909 |
| September | 17.7661 | 16.7788 | 17.3192 |
| October | 17.4768 | 16.1603 | 16.9376 |
| November | 17.6866 | 16.1449 | 17.0777 |
| December | 17.2836 | 16.3109 | 16.6851 |