2014 TOP to SAR Historical Review

YEARLY HIGH

2.0836 SAR

YEARLY LOW

1.8698 SAR

YEARLY AVERAGE

1.9887 SAR

2014 TOP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.0836. Conversely, the yearly low was recorded on November 11, dropping to 1.8698.

This high-to-low spread represents a total annual volatility of 0.2138 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0142 to the December average rate of 1.9117, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0836 was down 4.19% compared to the 2013 peak of 2.1747, 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 10,418 SAR

2013 Average 10,472 SAR

Yearly Trough Low 9,349 SAR

Transaction Impact: A difference of 1,068.94 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0640

1.8701

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 2.0218, compared to 1.9557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0661 points.

H1 Avg (Jan–Jun) 2.0218

H2 Avg (Jul–Dec) 1.9557

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1071 SAR (High: 2.0271 / Low: 1.9200). On the other end, June was the most stable month, with a tight range of 0.0312 SAR (High: 2.0313 / Low: 2.0001).

September Spread (Volatile) ±0.1071

June Spread (Stable) ±0.0312

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0556 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 2.0357) against the same month in 2013 (average: 2.0324), the exchange rate shifted by +0.0033 (+0.16%).

2014 Avg (July) 2.0357

2013 Avg (July) 2.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0303	1.9950	2.0142
February	2.0229	1.9911	2.0055
March	2.0557	2.0079	2.0205
April	2.0809	2.0153	2.0479
May	2.0639	2.0064	2.0238
June	2.0313	2.0001	2.0188
July	2.0836	2.0122	2.0357
August	2.0581	1.9885	2.0188
September	2.0271	1.9200	1.9685
October	1.9338	1.8984	1.9130
November	1.9178	1.8698	1.8863
December	1.9272	1.8942	1.9117