2014 TOP to JPY Historical Review

YEARLY HIGH

62.1858 JPY

YEARLY LOW

53.7211 JPY

YEARLY AVERAGE

56.0660 JPY

2014 TOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 62.1858. Conversely, the yearly low was recorded on October 15, dropping to 53.7211.

This high-to-low spread represents a total annual volatility of 8.4648 JPY. From a start-to-finish perspective, comparing the January average rate of 55.8126 to the December average rate of 60.8854, the exchange rate registered a net change of 9.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 62.1858 was up 5.44% compared to the 2013 peak of 58.9755, 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 310,929 JPY

2013 Average 272,517 JPY

Yearly Trough Low 268,605 JPY

Transaction Impact: A difference of 42,323.76 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

61.5122

53.9912

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 55.2303, compared to 56.9017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6714 points.

H1 Avg (Jan–Jun) 55.2303

H2 Avg (Jul–Dec) 56.9017

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.4839 JPY (High: 60.2886 / Low: 56.8047). On the other end, June was the most stable month, with a tight range of 0.7549 JPY (High: 55.2096 / Low: 54.4547).

November Spread (Volatile) ±3.4839

June Spread (Stable) ±0.7549

Growth Streaks & Declines

Trends

Between June and September, 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 1.2688 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 60.8854) against the same month in 2013 (average: 55.7723), the exchange rate shifted by +5.1131 (+9.17%).

2014 Avg (December) 60.8854

2013 Avg (December) 55.7723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.6393	54.3147	55.8126
February	55.1605	53.7603	54.6179
March	56.0387	54.4657	55.1231
April	56.7072	54.9078	55.9520
May	55.9252	54.4329	54.9548
June	55.2096	54.4547	54.9213
July	56.3044	54.8961	55.2216
August	56.4066	54.3243	55.4360
September	57.0077	55.7213	56.3639
October	56.6116	53.7211	55.0951
November	60.2886	56.8047	58.4081
December	62.1858	59.4426	60.8854