2011 TOP to JPY Historical Review

YEARLY HIGH

49.0714 JPY

YEARLY LOW

42.3669 JPY

YEARLY AVERAGE

45.4331 JPY

2011 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 49.0714. Conversely, the yearly low was recorded on March 17, dropping to 42.3669.

This high-to-low spread represents a total annual volatility of 6.7045 JPY. From a start-to-finish perspective, comparing the January average rate of 44.3777 to the December average rate of 44.8270, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 49.0714 was down 0.98% compared to the 2010 peak of 49.5546, 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 245,357 JPY

2010 Average 227,818 JPY

Yearly Trough Low 211,835 JPY

Transaction Impact: A difference of 33,522.31 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

47.3792

43.7157

JanuMarcMayJulySeptNove

TOP to JPY 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 45.0877, compared to 45.7785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6907 points.

H1 Avg (Jan–Jun) 45.0877

H2 Avg (Jul–Dec) 45.7785

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 3.1742 JPY (High: 47.2204 / Low: 44.0462). On the other end, June was the most stable month, with a tight range of 1.1466 JPY (High: 46.8916 / Low: 45.7450).

September Spread (Volatile) ±3.1742

June Spread (Stable) ±1.1466

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2934 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 47.0298) against the same month in 2010 (average: 44.0822), the exchange rate shifted by +2.9476 (+6.69%).

2011 Avg (August) 47.0298

2010 Avg (August) 44.0822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.7528	43.4136	44.3777
February	45.2088	43.8708	44.5518
March	45.0227	42.3669	44.0210
April	46.4576	44.0676	45.4423
May	46.5536	45.2135	45.9385
June	46.8916	45.7450	46.1951
July	48.1951	45.8622	47.0739
August	49.0714	46.3091	47.0298
September	47.2204	44.0462	45.7364
October	46.3082	43.7462	44.6963
November	46.4347	43.5260	45.3075
December	45.6691	43.9857	44.8270