2012 TOP to MNT Historical Review

YEARLY HIGH

820.9721 MNT

YEARLY LOW

728.7173 MNT

YEARLY AVERAGE

781.4732 MNT

2012 TOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 820.9721. Conversely, the yearly low was recorded on June 6, dropping to 728.7173.

This high-to-low spread represents a total annual volatility of 92.2548 MNT. From a start-to-finish perspective, comparing the January average rate of 801.6601 to the December average rate of 800.0342, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 820.9721 was up 1.89% compared to the 2011 peak of 805.7818, 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 4,104,861 MNT

2011 Average 3,589,154 MNT

Yearly Trough Low 3,643,587 MNT

Transaction Impact: A difference of 461,274.09 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

810.8908

730.8876

JanuMarcMayJulySeptNove

TOP to MNT 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 771.5014, compared to 791.4451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.9437 points.

H1 Avg (Jan–Jun) 771.5014

H2 Avg (Jul–Dec) 791.4451

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 62.7157 MNT (High: 795.0972 / Low: 732.3814). On the other end, December was the most stable month, with a tight range of 11.5869 MNT (High: 803.9314 / Low: 792.3445).

July Spread (Volatile) ±62.7157

December Spread (Stable) ±11.5869

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 April and May, when the average rate fell by 21.1698 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.1698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 804.2239) against the same month in 2011 (average: 745.7523), the exchange rate shifted by +58.4716 (+7.84%).

2012 Avg (September) 804.2239

2011 Avg (September) 745.7523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	818.5874	784.2736	801.6601
February	806.3598	779.8752	789.5313
March	790.8503	773.3216	782.0855
April	781.8657	764.4325	769.6733
May	782.9668	730.4960	748.5035
June	747.2589	728.7173	737.5545
July	795.0972	732.3814	752.1313
August	803.5805	790.3364	795.6276
September	820.9721	791.7643	804.2239
October	811.2153	786.8287	794.2886
November	814.8384	783.5698	802.3649
December	803.9314	792.3445	800.0342