2017 TOP to MRO Historical Review

YEARLY HIGH

167.4210 MRO

YEARLY LOW

152.7718 MRO

YEARLY AVERAGE

158.9251 MRO

2017 TOP to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 167.4210. Conversely, the yearly low was recorded on May 6, dropping to 152.7718.

This high-to-low spread represents a total annual volatility of 14.6493 MRO. From a start-to-finish perspective, comparing the January average rate of 155.8178 to the December average rate of 155.3066, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 167.4210 was up 1.48% compared to the 2016 peak of 164.9782, 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 837,105 MRO

2016 Average 779,474 MRO

Yearly Trough Low 763,859 MRO

Transaction Impact: A difference of 73,246.28 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

166.1199

154.3236

JanuMarcMayJulySeptNove

TOP to MRO 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 157.0700, compared to 160.7802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7102 points.

H1 Avg (Jan–Jun) 157.0700

H2 Avg (Jul–Dec) 160.7802

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 8.6951 MRO (High: 165.1224 / Low: 156.4272). On the other end, April was the most stable month, with a tight range of 1.6428 MRO (High: 157.5418 / Low: 155.8989).

October Spread (Volatile) ±8.6951

April Spread (Stable) ±1.6428

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 5.0545 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 165.1368) against the same month in 2016 (average: 158.2227), the exchange rate shifted by +6.9141 (+4.37%).

2017 Avg (September) 165.1368

2016 Avg (September) 158.2227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	157.0560	154.0099	155.8178
February	160.5273	155.8640	158.8956
March	160.0303	154.9394	157.1165
April	157.5418	155.8989	156.8153
May	157.3382	152.7718	155.4110
June	160.2714	156.2584	158.3636
July	164.8738	158.8748	161.6447
August	167.2606	161.8218	164.9536
September	167.4210	163.2118	165.1368
October	165.1224	156.4272	161.3469
November	158.1290	154.0164	156.2923
December	156.7026	153.7920	155.3066