2014 TOP to UZS Historical Review

YEARLY HIGH

1286.3853 UZS

YEARLY LOW

1169.1639 UZS

YEARLY AVERAGE

1225.2484 UZS

2014 TOP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1286.3853. Conversely, the yearly low was recorded on February 3, dropping to 1169.1639.

This high-to-low spread represents a total annual volatility of 117.2214 UZS. From a start-to-finish perspective, comparing the January average rate of 1182.6952 to the December average rate of 1232.0617, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1286.3853 was up 5.60% compared to the 2013 peak of 1218.1136, 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 6,431,927 UZS

2013 Average 5,838,543 UZS

Yearly Trough Low 5,845,819 UZS

Transaction Impact: A difference of 586,107.10 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1268.9799

1174.8512

JanuMarcMayJulySeptNove

TOP to UZS 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 1215.4485, compared to 1235.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.5998 points.

H1 Avg (Jan–Jun) 1215.4485

H2 Avg (Jul–Dec) 1235.0483

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 59.3652 UZS (High: 1271.2333 / Low: 1211.8680). On the other end, October was the most stable month, with a tight range of 19.9554 UZS (High: 1222.0692 / Low: 1202.1138).

September Spread (Volatile) ±59.3652

October Spread (Stable) ±19.9554

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 27.5560 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.5560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1261.1358) against the same month in 2013 (average: 1137.8798), the exchange rate shifted by +123.2560 (+10.83%).

2014 Avg (July) 1261.1358

2013 Avg (July) 1137.8798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1192.1653	1171.4464	1182.6952
February	1199.7525	1169.1639	1182.9506
March	1231.3221	1194.9518	1208.9074
April	1259.1879	1220.0820	1240.3524
May	1258.8383	1228.1666	1235.5267
June	1253.3999	1226.7621	1242.2589
July	1286.3853	1252.1394	1261.1358
August	1283.6864	1239.6099	1260.1550
September	1271.2333	1211.8680	1239.0232
October	1222.0692	1202.1138	1211.4672
November	1231.1438	1190.9886	1206.4471
December	1239.4389	1217.0550	1232.0617