2017 TOP to LTL Historical Review

YEARLY HIGH

1.4583 LTL

YEARLY LOW

0.4261 LTL

YEARLY AVERAGE

0.6297 LTL

2017 TOP to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 1.4583. Conversely, the yearly low was recorded on May 6, dropping to 0.4261.

This high-to-low spread represents a total annual volatility of 1.0322 LTL. From a start-to-finish perspective, comparing the January average rate of 1.1919 to the December average rate of 0.4371, the exchange rate registered a net change of -63.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4583 was down 0.53% compared to the 2016 peak of 1.4661, 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 7,291 LTL

2016 Average 6,855 LTL

Yearly Trough Low 2,130 LTL

Transaction Impact: A difference of 5,161.06 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5106

0.3337

JanuMarcMayJulySeptNove

TOP to LTL 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 0.8131, compared to 0.4462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3669 points.

H1 Avg (Jan–Jun) 0.8131

H2 Avg (Jul–Dec) 0.4462

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.0178 LTL (High: 1.4540 / Low: 0.4362). On the other end, December was the most stable month, with a tight range of 0.0075 LTL (High: 0.4417 / Low: 0.4342).

February Spread (Volatile) ±1.0178

December Spread (Stable) ±0.0075

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 March and April, when the average rate fell by 0.8804 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.4125) against the same month in 2016 (average: 1.3600), the exchange rate shifted by +0.0525 (+3.86%).

2017 Avg (March) 1.4125

2016 Avg (March) 1.3600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4230	0.4330	1.1919
February	1.4540	0.4362	0.8709
March	1.4583	1.3839	1.4125
April	1.4053	0.4319	0.5321
May	0.4352	0.4261	0.4318
June	0.4455	0.4355	0.4396
July	0.4546	0.4399	0.4472
August	0.4567	0.4469	0.4538
September	0.4564	0.4476	0.4520
October	0.4498	0.4409	0.4468
November	0.4436	0.4352	0.4404
December	0.4417	0.4342	0.4371