2013 TOP to MZN Historical Review

YEARLY HIGH

17.6885 MZN

YEARLY LOW

15.7016 MZN

YEARLY AVERAGE

16.7119 MZN

2013 TOP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 17.6885. Conversely, the yearly low was recorded on September 3, dropping to 15.7016.

This high-to-low spread represents a total annual volatility of 1.9868 MZN. From a start-to-finish perspective, comparing the January average rate of 17.1067 to the December average rate of 16.1309, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 17.6885 was up 0.51% compared to the 2012 peak of 17.5981, 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 88,442 MZN

2012 Average 80,961 MZN

Yearly Trough Low 78,508 MZN

Transaction Impact: A difference of 9,934.18 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

17.5363

15.9894

JanuMarcMayJulySeptNove

TOP to MZN 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 17.1443, compared to 16.2795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8648 points.

H1 Avg (Jan–Jun) 17.1443

H2 Avg (Jul–Dec) 16.2795

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.1009 MZN (High: 17.1223 / Low: 16.0214). On the other end, December was the most stable month, with a tight range of 0.1793 MZN (High: 16.2651 / Low: 16.0858).

June Spread (Volatile) ±1.1009

December Spread (Stable) ±0.1793

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.5147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 17.4074) against the same month in 2012 (average: 16.0260), the exchange rate shifted by +1.3813 (+8.62%).

2013 Avg (February) 17.4074

2012 Avg (February) 16.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6318	16.8195	17.1067
February	17.6885	16.8262	17.4074
March	17.3277	17.0114	17.1502
April	17.5640	17.0905	17.3996
May	17.4563	16.9280	17.1583
June	17.1223	16.0214	16.6436
July	16.4102	15.9685	16.1898
August	16.2880	16.0518	16.1183
September	16.5874	15.7016	16.2343
October	16.6975	16.3119	16.4960
November	16.7921	16.1624	16.5076
December	16.2651	16.0858	16.1309