2017 TOP to PEN Historical Review

YEARLY HIGH

1.5003 PEN

YEARLY LOW

1.3938 PEN

YEARLY AVERAGE

1.4395 PEN

2017 TOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 1.5003. Conversely, the yearly low was recorded on May 6, dropping to 1.3938.

This high-to-low spread represents a total annual volatility of 0.1065 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4505 to the December average rate of 1.4182, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5003 was down 3.98% compared to the 2016 peak of 1.5625, 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 7,502 PEN

2016 Average 7,492 PEN

Yearly Trough Low 6,969 PEN

Transaction Impact: A difference of 532.74 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4766

1.4070

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 1.4305, compared to 1.4485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 1.4305

H2 Avg (Jul–Dec) 1.4485

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0938 PEN (High: 1.5003 / Low: 1.4065). On the other end, April was the most stable month, with a tight range of 0.0188 PEN (High: 1.4238 / Low: 1.4050).

November Spread (Volatile) ±0.0938

April Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.0234 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4296) against the same month in 2016 (average: 1.5192), the exchange rate shifted by -0.0896 (-5.90%).

2017 Avg (November) 1.4296

2016 Avg (November) 1.5192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4716	1.4304	1.4505
February	1.4631	1.4138	1.4422
March	1.4607	1.4060	1.4272
April	1.4238	1.4050	1.4152
May	1.4285	1.3938	1.4128
June	1.4511	1.4205	1.4353
July	1.4725	1.4265	1.4520
August	1.4887	1.4367	1.4708
September	1.4851	1.4559	1.4671
October	1.4764	1.4294	1.4531
November	1.5003	1.4065	1.4296
December	1.4372	1.4033	1.4182