2011 TOP to IRR Historical Review

YEARLY HIGH

6660.7413 IRR

YEARLY LOW

5159.6420 IRR

YEARLY AVERAGE

6005.1487 IRR

2011 TOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 6660.7413. Conversely, the yearly low was recorded on November 29, dropping to 5159.6420.

This high-to-low spread represents a total annual volatility of 1501.0993 IRR. From a start-to-finish perspective, comparing the January average rate of 5575.9724 to the December average rate of 6228.4314, the exchange rate registered a net change of 11.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 6660.7413 was up 17.60% compared to the 2010 peak of 5663.9119, 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 33,303,706 IRR

2010 Average 26,151,120 IRR

Yearly Trough Low 25,798,210 IRR

Transaction Impact: A difference of 7,505,496.39 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6548.0061

5479.3662

JanuMarcMayJulySeptNove

TOP to IRR 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 5778.6686, compared to 6231.6288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 452.9602 points.

H1 Avg (Jan–Jun) 5778.6686

H2 Avg (Jul–Dec) 6231.6288

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1289.5497 IRR (High: 6449.1917 / Low: 5159.6420). On the other end, February was the most stable month, with a tight range of 34.3240 IRR (High: 5599.4381 / Low: 5565.1141).

November Spread (Volatile) ±1289.5497

February Spread (Stable) ±34.3240

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 348.8618 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -348.8618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 6270.3123) against the same month in 2010 (average: 5069.2563), the exchange rate shifted by +1201.0561 (+23.69%).

2011 Avg (June) 6270.3123

2010 Avg (June) 5069.2563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5602.3451	5511.0973	5575.9724
February	5599.4381	5565.1141	5584.8964
March	5607.8402	5527.0969	5568.4196
April	5907.8496	5589.1474	5701.6469
May	6033.4816	5907.8496	5970.7638
June	6660.7413	6067.9823	6270.3123
July	6528.0980	6117.2125	6290.1410
August	6577.5710	6399.1213	6458.9528
September	6501.5796	6173.2764	6350.9832
October	6363.6849	6062.4182	6205.0630
November	6449.1917	5159.6420	5856.2013
December	6438.0012	5268.1382	6228.4314