2011 TOP to SAR Historical Review

YEARLY HIGH

2.3306 SAR

YEARLY LOW

1.9875 SAR

YEARLY AVERAGE

2.1395 SAR

2011 TOP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 2.3306. Conversely, the yearly low was recorded on January 13, dropping to 1.9875.

This high-to-low spread represents a total annual volatility of 0.3432 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0156 to the December average rate of 2.1605, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3306 was up 13.77% compared to the 2010 peak of 2.0485, 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 11,653 SAR

2010 Average 9,738 SAR

Yearly Trough Low 9,937 SAR

Transaction Impact: A difference of 1,715.76 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3173

1.9881

JanuMarcMayJulySeptNove

TOP to SAR 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 2.0643, compared to 2.2148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1505 points.

H1 Avg (Jan–Jun) 2.0643

H2 Avg (Jul–Dec) 2.2148

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.1489 SAR (High: 2.3239 / Low: 2.1750). On the other end, February was the most stable month, with a tight range of 0.0043 SAR (High: 2.0237 / Low: 2.0194).

July Spread (Volatile) ±0.1489

February Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and August, 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 August and September, when the average rate fell by 0.0585 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.2899) against the same month in 2010 (average: 1.9352), the exchange rate shifted by +0.3547 (+18.33%).

2011 Avg (August) 2.2899

2010 Avg (August) 1.9352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0233	1.9875	2.0156
February	2.0237	2.0194	2.0228
March	2.0351	2.0126	2.0209
April	2.1097	2.0138	2.0481
May	2.1338	2.1097	2.1240
June	2.1787	2.1426	2.1545
July	2.3239	2.1750	2.2268
August	2.3306	2.2699	2.2899
September	2.3007	2.1566	2.2314
October	2.2245	2.1392	2.1871
November	2.2276	2.1029	2.1928
December	2.1938	2.1384	2.1605