2014 TOP to GNF Historical Review

YEARLY HIGH

3917.9262 GNF

YEARLY LOW

3499.3908 GNF

YEARLY AVERAGE

3716.6050 GNF

2014 TOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 3917.9262. Conversely, the yearly low was recorded on November 10, dropping to 3499.3908.

This high-to-low spread represents a total annual volatility of 418.5354 GNF. From a start-to-finish perspective, comparing the January average rate of 3751.3178 to the December average rate of 3593.3185, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3917.9262 was down 5.41% compared to the 2013 peak of 4142.1308, 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 19,589,631 GNF

2013 Average 19,607,630 GNF

Yearly Trough Low 17,496,954 GNF

Transaction Impact: A difference of 2,092,676.97 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3841.0959

3514.9175

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 3769.4875, compared to 3663.7225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 105.7650 points.

H1 Avg (Jan–Jun) 3769.4875

H2 Avg (Jul–Dec) 3663.7225

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 204.6830 GNF (High: 3801.8124 / Low: 3597.1294). On the other end, October was the most stable month, with a tight range of 72.3680 GNF (High: 3627.5661 / Low: 3555.1981).

September Spread (Volatile) ±204.6830

October Spread (Stable) ±72.3680

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 86.5284 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -86.5284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 3813.9143) against the same month in 2013 (average: 3768.3461), the exchange rate shifted by +45.5682 (+1.21%).

2014 Avg (July) 3813.9143

2013 Avg (July) 3768.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3786.3242	3701.9864	3751.3178
February	3811.7781	3696.6169	3748.8193
March	3853.0521	3713.5088	3776.7487
April	3863.0732	3740.2032	3813.7831
May	3831.5010	3721.6293	3771.5386
June	3797.4459	3702.5990	3754.7175
July	3917.9262	3763.4333	3813.9143
August	3825.1093	3698.0963	3762.3891
September	3801.8124	3597.1294	3678.5713
October	3627.5661	3555.1981	3592.0428
November	3593.7403	3499.3908	3542.0990
December	3623.9827	3547.0709	3593.3185