2011 TOP to NPR Historical Review

YEARLY HIGH

50.1058 NPR

YEARLY LOW

37.6946 NPR

YEARLY AVERAGE

42.2664 NPR

2011 TOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 50.1058. Conversely, the yearly low was recorded on January 13, dropping to 37.6946.

This high-to-low spread represents a total annual volatility of 12.4112 NPR. From a start-to-finish perspective, comparing the January average rate of 38.2540 to the December average rate of 48.3308, the exchange rate registered a net change of 26.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 50.1058 was up 30.13% compared to the 2010 peak of 38.5046, 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 250,529 NPR

2010 Average 185,283 NPR

Yearly Trough Low 188,473 NPR

Transaction Impact: A difference of 62,056.07 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

49.3433

37.1928

JanuMarcMayJulySeptNove

TOP to NPR 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 39.2564, compared to 45.2764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0199 points.

H1 Avg (Jan–Jun) 39.2564

H2 Avg (Jul–Dec) 45.2764

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 3.5136 NPR (High: 50.1058 / Low: 46.5922). On the other end, February was the most stable month, with a tight range of 0.4116 NPR (High: 38.5627 / Low: 38.1511).

December Spread (Volatile) ±3.5136

February Spread (Stable) ±0.4116

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1998 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 48.3308) against the same month in 2010 (average: 37.7867), the exchange rate shifted by +10.5441 (+27.90%).

2011 Avg (December) 48.3308

2010 Avg (December) 37.7867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.5810	37.6946	38.2540
February	38.5627	38.1511	38.4052
March	38.5543	37.8165	38.2054
April	39.8630	37.9060	38.7008
May	41.2407	39.8148	40.7273
June	41.7950	40.8806	41.2461
July	43.6046	41.2162	42.1798
August	45.0501	43.6707	44.2801
September	45.6959	43.6881	44.9718
October	46.0655	44.0649	45.1944
November	48.1550	45.7667	46.7012
December	50.1058	46.5922	48.3308