2012 TOP to SHP Historical Review

YEARLY HIGH

0.3807 SHP

YEARLY LOW

0.3510 SHP

YEARLY AVERAGE

0.3632 SHP

2012 TOP to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.3807. Conversely, the yearly low was recorded on November 24, dropping to 0.3510.

This high-to-low spread represents a total annual volatility of 0.0297 SHP. From a start-to-finish perspective, comparing the January average rate of 0.3703 to the December average rate of 0.3562, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3807 was down 0.83% compared to the 2011 peak of 0.3839, 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 1,903 SHP

2011 Average 1,780 SHP

Yearly Trough Low 1,755 SHP

Transaction Impact: A difference of 148.26 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3764

0.3544

JanuMarcMayJulySeptNove

TOP to SHP 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 0.3673, compared to 0.3591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.3673

H2 Avg (Jul–Dec) 0.3591

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0180 SHP (High: 0.3697 / Low: 0.3517). On the other end, December was the most stable month, with a tight range of 0.0039 SHP (High: 0.3579 / Low: 0.3540).

May Spread (Volatile) ±0.0180

December Spread (Stable) ±0.0039

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 April and May, when the average rate fell by 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 0.3746) against the same month in 2011 (average: 0.3336), the exchange rate shifted by +0.0409 (+12.27%).

2012 Avg (March) 0.3746

2011 Avg (March) 0.3336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3739	0.3652	0.3703
February	0.3799	0.3693	0.3737
March	0.3807	0.3703	0.3746
April	0.3723	0.3603	0.3673
May	0.3697	0.3517	0.3580
June	0.3630	0.3559	0.3597
July	0.3659	0.3553	0.3605
August	0.3695	0.3598	0.3635
September	0.3597	0.3534	0.3563
October	0.3598	0.3524	0.3571
November	0.3688	0.3510	0.3606
December	0.3579	0.3540	0.3562