2011 TOP to MDL Historical Review

YEARLY HIGH

7.0954 MDL

YEARLY LOW

6.2121 MDL

YEARLY AVERAGE

6.6771 MDL

2011 TOP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 7.0954. Conversely, the yearly low was recorded on April 14, dropping to 6.2121.

This high-to-low spread represents a total annual volatility of 0.8833 MDL. From a start-to-finish perspective, comparing the January average rate of 6.5448 to the December average rate of 6.7691, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 7.0954 was up 5.40% compared to the 2010 peak of 6.7317, 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 35,477 MDL

2010 Average 32,120 MDL

Yearly Trough Low 31,060 MDL

Transaction Impact: A difference of 4,416.36 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6.9921

6.2964

JanuMarcMayJulySeptNove

TOP to MDL 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 6.5006, compared to 6.8535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3528 points.

H1 Avg (Jan–Jun) 6.5006

H2 Avg (Jul–Dec) 6.8535

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.4407 MDL (High: 7.0453 / Low: 6.6046). On the other end, February was the most stable month, with a tight range of 0.0955 MDL (High: 6.5234 / Low: 6.4279).

July Spread (Volatile) ±0.4407

February Spread (Stable) ±0.0955

Growth Streaks & Declines

Trends

Between April and August, 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 November and December, when the average rate fell by 0.0881 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 6.9341) against the same month in 2010 (average: 6.2639), the exchange rate shifted by +0.6703 (+10.70%).

2011 Avg (August) 6.9341

2010 Avg (August) 6.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6942	6.4137	6.5448
February	6.5234	6.4279	6.4679
March	6.5236	6.3712	6.4394
April	6.4735	6.2121	6.3544
May	6.7481	6.4130	6.5631
June	6.7509	6.4882	6.6342
July	7.0453	6.6046	6.8264
August	7.0954	6.8194	6.9341
September	7.0159	6.7252	6.9109
October	6.9680	6.7286	6.8231
November	6.9660	6.6290	6.8572
December	6.9320	6.6403	6.7691