YEARLY HIGH
4.0741 ZAR
YEARLY LOW
3.5428 ZAR
YEARLY AVERAGE
3.8004 ZAR

2010 TOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 4.0741. Conversely, the yearly low was recorded on December 28, dropping to 3.5428.

This high-to-low spread represents a total annual volatility of 0.5313 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.9277 to the December average rate of 3.6417, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 20,371 ZAR
Yearly Average 19,002 ZAR
Yearly Trough Low 17,714 ZAR
Transaction Impact: A difference of 2,656.74 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

4.0136
3.6014
JanuMarcMayJulySeptNove

TOP to ZAR 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 3.8824, compared to 3.7183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1641 points.

H1 Avg (Jan–Jun) 3.8824
H2 Avg (Jul–Dec) 3.7183

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.3401 ZAR (High: 4.0316 / Low: 3.6915). On the other end, September was the most stable month, with a tight range of 0.1225 ZAR (High: 3.7423 / Low: 3.6198).

May Spread (Volatile) ±0.3401
September Spread (Stable) ±0.1225

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.1213 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1213

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 3.9792.

2010 Avg (February) 3.9792
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0575 3.7825 3.9277
February 4.0741 3.8639 3.9792
March 3.9700 3.7603 3.8580
April 3.8914 3.7352 3.8147
May 4.0316 3.6915 3.8410
June 3.9283 3.7957 3.8737
July 3.9246 3.7508 3.8578
August 3.8740 3.7054 3.7673
September 3.7423 3.6198 3.6662
October 3.7368 3.5791 3.6358
November 3.8622 3.5636 3.7414
December 3.7673 3.5428 3.6417