2014 TOP to TJS Historical Review

YEARLY HIGH

2.7458 TJS

YEARLY LOW

2.5121 TJS

YEARLY AVERAGE

2.6126 TJS

2014 TOP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.7458. Conversely, the yearly low was recorded on November 10, dropping to 2.5121.

This high-to-low spread represents a total annual volatility of 0.2337 TJS. From a start-to-finish perspective, comparing the January average rate of 2.5647 to the December average rate of 2.6226, the exchange rate registered a net change of 2.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7458 was down 0.64% compared to the 2013 peak of 2.7635, 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 13,729 TJS

2013 Average 13,302 TJS

Yearly Trough Low 12,560 TJS

Transaction Impact: A difference of 1,168.61 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.6986

2.5312

JanuMarcMayJulySeptNove

TOP to TJS 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 2.6092, compared to 2.6160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 2.6092

H2 Avg (Jul–Dec) 2.6160

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1311 TJS (High: 2.6873 / Low: 2.5562). On the other end, January was the most stable month, with a tight range of 0.0370 TJS (High: 2.5847 / Low: 2.5476).

September Spread (Volatile) ±0.1311

January Spread (Stable) ±0.0370

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0687 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 2.6847) against the same month in 2013 (average: 2.5836), the exchange rate shifted by +0.1011 (+3.91%).

2014 Avg (July) 2.6847

2013 Avg (July) 2.5836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5847	2.5476	2.5647
February	2.5895	2.5484	2.5677
March	2.6312	2.5737	2.5881
April	2.6791	2.5910	2.6399
May	2.6943	2.6212	2.6474
June	2.6750	2.6140	2.6477
July	2.7458	2.6621	2.6847
August	2.7355	2.6433	2.6791
September	2.6873	2.5562	2.6165
October	2.5762	2.5284	2.5478
November	2.5925	2.5121	2.5451
December	2.6527	2.5693	2.6226