2011 TOP to MGA Historical Review

YEARLY HIGH

1273.5054 MGA

YEARLY LOW

1051.6477 MGA

YEARLY AVERAGE

1152.8370 MGA

2011 TOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1273.5054. Conversely, the yearly low was recorded on April 25, dropping to 1051.6477.

This high-to-low spread represents a total annual volatility of 221.8576 MGA. From a start-to-finish perspective, comparing the January average rate of 1124.3235 to the December average rate of 1232.8310, the exchange rate registered a net change of 9.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1273.5054 was up 10.39% compared to the 2010 peak of 1153.6071, 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 6,367,527 MGA

2010 Average 5,438,118 MGA

Yearly Trough Low 5,258,239 MGA

Transaction Impact: A difference of 1,109,288.14 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1248.7824

1059.9950

JanuMarcMayJulySeptNove

TOP to MGA 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 1099.3118, compared to 1206.3621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.0503 points.

H1 Avg (Jan–Jun) 1099.3118

H2 Avg (Jul–Dec) 1206.3621

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 105.2119 MGA (High: 1223.7836 / Low: 1118.5718). On the other end, February was the most stable month, with a tight range of 22.5689 MGA (High: 1101.3711 / Low: 1078.8022).

July Spread (Volatile) ±105.2119

February Spread (Stable) ±22.5689

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 January and February, when the average rate fell by 34.5508 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -34.5508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1232.8310) against the same month in 2010 (average: 1125.2968), the exchange rate shifted by +107.5342 (+9.56%).

2011 Avg (December) 1232.8310

2010 Avg (December) 1125.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1148.5931	1102.7191	1124.3235
February	1101.3711	1078.8022	1089.7727
March	1090.7807	1067.9997	1080.2298
April	1095.3161	1051.6477	1075.7273
May	1122.6386	1094.2580	1110.8509
June	1132.4886	1100.9731	1114.9667
July	1223.7836	1118.5718	1162.2777
August	1225.8007	1178.8303	1196.3351
September	1211.6570	1159.4921	1193.8301
October	1249.5559	1162.5410	1219.8488
November	1260.1863	1182.9127	1233.0501
December	1273.5054	1205.3104	1232.8310