2018 TOP to PEN Historical Review

YEARLY HIGH

1.4919 PEN

YEARLY LOW

1.4058 PEN

YEARLY AVERAGE

1.4462 PEN

2018 TOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1.4919. Conversely, the yearly low was recorded on July 3, dropping to 1.4058.

This high-to-low spread represents a total annual volatility of 0.0862 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4312 to the December average rate of 1.4775, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4919 was down 0.56% compared to the 2017 peak of 1.5003, 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 7,460 PEN

2017 Average 7,198 PEN

Yearly Trough Low 7,029 PEN

Transaction Impact: A difference of 430.87 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4838

1.4089

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 1.4482, compared to 1.4442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 1.4482

H2 Avg (Jul–Dec) 1.4442

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0618 PEN (High: 1.4852 / Low: 1.4234). On the other end, November was the most stable month, with a tight range of 0.0142 PEN (High: 1.4773 / Low: 1.4630).

May Spread (Volatile) ±0.0618

November Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0161 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.4775) against the same month in 2017 (average: 1.4182), the exchange rate shifted by +0.0593 (+4.18%).

2018 Avg (December) 1.4775

2017 Avg (December) 1.4182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4542	1.4187	1.4312
February	1.4770	1.4536	1.4673
March	1.4808	1.4430	1.4618
April	1.4663	1.4362	1.4526
May	1.4852	1.4234	1.4452
June	1.4412	1.4206	1.4313
July	1.4265	1.4058	1.4151
August	1.4382	1.4129	1.4240
September	1.4445	1.4238	1.4323
October	1.4619	1.4314	1.4456
November	1.4773	1.4630	1.4706
December	1.4919	1.4640	1.4775