2012 TOP to MGA Historical Review

YEARLY HIGH

1317.5552 MGA

YEARLY LOW

1160.0119 MGA

YEARLY AVERAGE

1260.3122 MGA

2012 TOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1317.5552. Conversely, the yearly low was recorded on May 17, dropping to 1160.0119.

This high-to-low spread represents a total annual volatility of 157.5433 MGA. From a start-to-finish perspective, comparing the January average rate of 1275.3903 to the December average rate of 1298.2345, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1317.5552 was up 3.46% compared to the 2011 peak of 1273.5054, 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 6,587,776 MGA

2011 Average 5,766,691 MGA

Yearly Trough Low 5,800,059 MGA

Transaction Impact: A difference of 787,716.69 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1309.1796

1177.8379

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 1241.6560, compared to 1278.9684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.3125 points.

H1 Avg (Jan–Jun) 1241.6560

H2 Avg (Jul–Dec) 1278.9684

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 86.3519 MGA (High: 1300.8555 / Low: 1214.5035). On the other end, April was the most stable month, with a tight range of 31.6212 MGA (High: 1251.7791 / Low: 1220.1579).

July Spread (Volatile) ±86.3519

April Spread (Stable) ±31.6212

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 April and May, when the average rate fell by 47.2042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -47.2042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1289.2461) against the same month in 2011 (average: 1233.0501), the exchange rate shifted by +56.1960 (+4.56%).

2012 Avg (November) 1289.2461

2011 Avg (November) 1233.0501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1294.2072	1253.7106	1275.3903
February	1298.2997	1264.1407	1283.2364
March	1294.3604	1247.7381	1270.2661
April	1251.7791	1220.1579	1235.9872
May	1238.8194	1160.0119	1188.7830
June	1216.4794	1177.0200	1196.2729
July	1300.8555	1214.5035	1266.8507
August	1305.2649	1273.4111	1285.0803
September	1289.3316	1255.4665	1272.9512
October	1281.8285	1248.3503	1261.4479
November	1317.5552	1265.8149	1289.2461
December	1309.6068	1274.3260	1298.2345