2012 TOP to PEN Historical Review

YEARLY HIGH

1.5977 PEN

YEARLY LOW

1.4527 PEN

YEARLY AVERAGE

1.5186 PEN

2012 TOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1.5977. Conversely, the yearly low was recorded on July 16, dropping to 1.4527.

This high-to-low spread represents a total annual volatility of 0.1450 PEN. From a start-to-finish perspective, comparing the January average rate of 1.5470 to the December average rate of 1.4753, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.5977 was down 6.45% compared to the 2011 peak of 1.7078, 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 7,988 PEN

2011 Average 7,858 PEN

Yearly Trough Low 7,263 PEN

Transaction Impact: A difference of 725.22 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.5972

1.4642

JanuMarcMayJulySeptNove

TOP to PEN 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 1.5490, compared to 1.4882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0608 points.

H1 Avg (Jan–Jun) 1.5490

H2 Avg (Jul–Dec) 1.4882

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0966 PEN (High: 1.5809 / Low: 1.4843). On the other end, December was the most stable month, with a tight range of 0.0210 PEN (High: 1.4842 / Low: 1.4633).

May Spread (Volatile) ±0.0966

December Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0420 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 1.5841) against the same month in 2011 (average: 1.4972), the exchange rate shifted by +0.0869 (+5.81%).

2012 Avg (March) 1.5841

2011 Avg (March) 1.4972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5797	1.5333	1.5470
February	1.5974	1.5734	1.5861
March	1.5977	1.5656	1.5841
April	1.5838	1.5455	1.5621
May	1.5809	1.4843	1.5201
June	1.5074	1.4810	1.4948
July	1.5050	1.4527	1.4828
August	1.5113	1.4828	1.4947
September	1.5150	1.4701	1.4940
October	1.5089	1.4748	1.4869
November	1.5251	1.4547	1.4958
December	1.4842	1.4633	1.4753