2012 TOP to GNF Historical Review

YEARLY HIGH

4213.5388 GNF

YEARLY LOW

3865.5216 GNF

YEARLY AVERAGE

4055.2009 GNF

2012 TOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 4213.5388. Conversely, the yearly low was recorded on May 28, dropping to 3865.5216.

This high-to-low spread represents a total annual volatility of 348.0171 GNF. From a start-to-finish perspective, comparing the January average rate of 3995.1109 to the December average rate of 4058.9999, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 4213.5388 was down 1.25% compared to the 2011 peak of 4266.9538, 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 21,067,694 GNF

2011 Average 19,707,641 GNF

Yearly Trough Low 19,327,608 GNF

Transaction Impact: A difference of 1,740,085.71 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4200.7750

3914.0639

JanuMarcMayJulySeptNove

TOP to GNF 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 4047.8877, compared to 4062.5141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6264 points.

H1 Avg (Jan–Jun) 4047.8877

H2 Avg (Jul–Dec) 4062.5141

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 291.5483 GNF (High: 4157.0700 / Low: 3865.5216). On the other end, August was the most stable month, with a tight range of 78.9918 GNF (High: 4118.3472 / Low: 4039.3554).

May Spread (Volatile) ±291.5483

August Spread (Stable) ±78.9918

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 144.1107 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -144.1107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 4176.8824) against the same month in 2011 (average: 3845.4062), the exchange rate shifted by +331.4762 (+8.62%).

2012 Avg (March) 4176.8824

2011 Avg (March) 3845.4062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4073.5966	3960.8655	3995.1109
February	4119.1606	4037.9260	4083.0059
March	4213.5388	4057.7656	4176.8824
April	4210.5449	4072.1018	4119.2405
May	4157.0700	3865.5216	3975.1298
June	4004.7664	3892.0690	3937.9565
July	4082.2007	3937.4052	4009.1463
August	4118.3472	4039.3554	4084.9161
September	4155.8060	3983.7527	4065.5120
October	4115.1508	3991.0707	4071.3805
November	4176.7398	3978.6494	4085.1297
December	4112.5958	3974.9497	4058.9999