2014 WST to TOP Historical Review

YEARLY HIGH

0.8399 TOP

YEARLY LOW

0.7884 TOP

YEARLY AVERAGE

0.8084 TOP

2014 WST to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.8399. Conversely, the yearly low was recorded on March 23, dropping to 0.7884.

This high-to-low spread represents a total annual volatility of 0.0515 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7989 to the December average rate of 0.8174, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8399 was up 4.22% compared to the 2013 peak of 0.8059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,200 TOP

2013 Average 3,873 TOP

Yearly Trough Low 3,942 TOP

Transaction Impact: A difference of 257.40 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8318

0.7939

JanuMarcMayJulySeptNove

WST to TOP 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 0.8020, compared to 0.8148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.8020

H2 Avg (Jul–Dec) 0.8148

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0273 TOP (High: 0.8177 / Low: 0.7904). On the other end, June was the most stable month, with a tight range of 0.0061 TOP (High: 0.8106 / Low: 0.8044).

August Spread (Volatile) ±0.0273

June Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0112 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.8286) against the same month in 2013 (average: 0.7832), the exchange rate shifted by +0.0454 (+5.80%).

2014 Avg (November) 0.8286

2013 Avg (November) 0.7832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8023	0.7915	0.7989
February	0.8050	0.7960	0.7999
March	0.8053	0.7884	0.7994
April	0.8101	0.7891	0.7970
May	0.8196	0.7947	0.8100
June	0.8106	0.8044	0.8071
July	0.8067	0.7926	0.8023
August	0.8177	0.7904	0.8038
September	0.8248	0.8011	0.8126
October	0.8308	0.8162	0.8240
November	0.8399	0.8166	0.8286
December	0.8272	0.8133	0.8174