2011 TOP to HTG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to HTG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 25.3666. Conversely, the yearly low was recorded on January 13, dropping to 21.3316.
This high-to-low spread represents a total annual volatility of 4.0351 HTG. From a start-to-finish perspective, comparing the January average rate of 21.6391 to the December average rate of 23.3064, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 25.3666 was up 15.09% compared to the 2010 peak of 22.0411, 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 HTG 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 22.3596, compared to 23.9691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 1.6136 HTG (High: 25.0497 / Low: 23.4362). On the other end, February was the most stable month, with a tight range of 0.1697 HTG (High: 22.0491 / Low: 21.8794).
Growth Streaks & Declines
TrendsBetween March and August, 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 August and September, when the average rate fell by 0.6290 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 24.7874) against the same month in 2010 (average: 20.7390), the exchange rate shifted by +4.0484 (+19.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.0078 | 21.3316 | 21.6391 |
| February | 22.0491 | 21.8794 | 21.9849 |
| March | 22.1711 | 21.6642 | 21.9199 |
| April | 22.8405 | 21.7246 | 22.1961 |
| May | 23.2457 | 22.8405 | 23.0583 |
| June | 23.7354 | 23.1333 | 23.3592 |
| July | 25.0497 | 23.4362 | 24.0819 |
| August | 25.3666 | 24.4161 | 24.7874 |
| September | 24.9101 | 23.4145 | 24.1585 |
| October | 24.2213 | 23.1627 | 23.7534 |
| November | 24.2347 | 22.6386 | 23.7268 |
| December | 23.7559 | 22.9933 | 23.3064 |