2012 TOP to SAR Historical Review

YEARLY HIGH

2.2388 SAR

YEARLY LOW

2.0768 SAR

YEARLY AVERAGE

2.1585 SAR

2012 TOP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 2.2388. Conversely, the yearly low was recorded on July 12, dropping to 2.0768.

This high-to-low spread represents a total annual volatility of 0.1620 SAR. From a start-to-finish perspective, comparing the January average rate of 2.1538 to the December average rate of 2.1556, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.2388 was down 3.94% compared to the 2011 peak of 2.3306, 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 11,194 SAR

2011 Average 10,702 SAR

Yearly Trough Low 10,384 SAR

Transaction Impact: A difference of 810.16 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.2357

2.0834

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 2.1718, compared to 2.1451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 2.1718

H2 Avg (Jul–Dec) 2.1451

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1531 SAR (High: 2.2388 / Low: 2.0857). On the other end, June was the most stable month, with a tight range of 0.0251 SAR (High: 2.1121 / Low: 2.0871).

May Spread (Volatile) ±0.1531

June Spread (Stable) ±0.0251

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0666 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 2.1377) against the same month in 2011 (average: 2.1240), the exchange rate shifted by +0.0137 (+0.65%).

2012 Avg (May) 2.1377

2011 Avg (May) 2.1240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2013	2.1356	2.1538
February	2.2331	2.1947	2.2159
March	2.2369	2.1948	2.2230
April	2.2239	2.1925	2.2043
May	2.2388	2.0857	2.1377
June	2.1121	2.0871	2.0961
July	2.1506	2.0768	2.1093
August	2.1619	2.1262	2.1418
September	2.1851	2.1223	2.1525
October	2.1771	2.1317	2.1530
November	2.1943	2.1105	2.1587
December	2.1641	2.1262	2.1556