2014 TOP to IRR Historical Review

YEARLY HIGH

14461.7155 IRR

YEARLY LOW

13178.6270 IRR

YEARLY AVERAGE

13688.6097 IRR

2014 TOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 14461.7155. Conversely, the yearly low was recorded on February 9, dropping to 13178.6270.

This high-to-low spread represents a total annual volatility of 1283.0885 IRR. From a start-to-finish perspective, comparing the January average rate of 13293.2209 to the December average rate of 13701.5043, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14461.7155 was up 3.17% compared to the 2013 peak of 14017.8691, 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 72,308,578 IRR

2013 Average 48,520,412 IRR

Yearly Trough Low 65,893,135 IRR

Transaction Impact: A difference of 6,415,442.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14276.6106

13193.7932

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 13564.6258, compared to 13812.5935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 247.9677 points.

H1 Avg (Jan–Jun) 13564.6258

H2 Avg (Jul–Dec) 13812.5935

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 742.9245 IRR (High: 14363.6068 / Low: 13620.6824). On the other end, January was the most stable month, with a tight range of 211.3705 IRR (High: 13408.1278 / Low: 13196.7573).

September Spread (Volatile) ±742.9245

January Spread (Stable) ±211.3705

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 369.8959 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -369.8959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 14186.3758) against the same month in 2013 (average: 13170.0014), the exchange rate shifted by +1016.3744 (+7.72%).

2014 Avg (August) 14186.3758

2013 Avg (August) 13170.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13408.1278	13196.7573	13293.2209
February	13399.7259	13178.6270	13284.0280
March	13714.0076	13327.9440	13463.1438
April	14037.9113	13608.2461	13822.2673
May	14022.5968	13661.8429	13761.6569
June	13866.9090	13631.5399	13763.4379
July	14297.2853	13896.9016	14016.4506
August	14461.7155	13972.2591	14186.3758
September	14363.6068	13620.6824	13956.1403
October	13730.8602	13482.6453	13586.2444
November	13668.3201	13302.4405	13428.8459
December	13810.1134	13534.7959	13701.5043