2013 TOP to MNT Historical Review

YEARLY HIGH

948.3855 MNT

YEARLY LOW

767.2882 MNT

YEARLY AVERAGE

843.0492 MNT

2013 TOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 948.3855. Conversely, the yearly low was recorded on June 27, dropping to 767.2882.

This high-to-low spread represents a total annual volatility of 181.0973 MNT. From a start-to-finish perspective, comparing the January average rate of 798.2692 to the December average rate of 897.2991, the exchange rate registered a net change of 12.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 948.3855 was up 15.52% compared to the 2012 peak of 820.9721, 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 4,741,927 MNT

2012 Average 3,907,311 MNT

Yearly Trough Low 3,836,441 MNT

Transaction Impact: A difference of 905,486.29 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

955.1979

776.0016

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 803.3099, compared to 882.7884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 79.4785 points.

H1 Avg (Jan–Jun) 803.3099

H2 Avg (Jul–Dec) 882.7884

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 68.1061 MNT (High: 921.5445 / Low: 853.4384). On the other end, January was the most stable month, with a tight range of 7.1864 MNT (High: 801.6332 / Low: 794.4468).

September Spread (Volatile) ±68.1061

January Spread (Stable) ±7.1864

Growth Streaks & Declines

Trends

Between July and November, 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 42.9658 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -42.9658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 940.2649) against the same month in 2012 (average: 802.3649), the exchange rate shifted by +137.9000 (+17.19%).

2013 Avg (November) 940.2649

2012 Avg (November) 802.3649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	801.6332	794.4468	798.2692
February	808.6329	793.1759	801.7204
March	807.8745	788.5978	797.8581
April	814.5803	797.3598	806.1802
May	825.4724	802.6295	816.2585
June	825.6621	767.2882	799.5729
July	811.8450	771.6219	790.9347
August	875.4376	811.3483	839.9778
September	921.5445	853.4384	899.7233
October	938.9992	912.7105	928.5307
November	948.3855	928.8193	940.2649
December	932.3677	867.2839	897.2991