2014 XDR to TOP Historical Review

YEARLY HIGH

2.9461 TOP

YEARLY LOW

2.7812 TOP

YEARLY AVERAGE

2.8668 TOP

2014 XDR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XDR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 2.9461. Conversely, the yearly low was recorded on July 13, dropping to 2.7812.

This high-to-low spread represents a total annual volatility of 0.1649 TOP. From a start-to-finish perspective, comparing the January average rate of 2.8594 to the December average rate of 2.8578, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9461 was up 2.34% compared to the 2013 peak of 2.8787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,730 TOP

2013 Average 13,617 TOP

Yearly Trough Low 13,906 TOP

Transaction Impact: A difference of 824.59 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9259

2.8273

JanuMarcMayJulySeptNove

XDR 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 2.8630, compared to 2.8705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 2.8630

H2 Avg (Jul–Dec) 2.8705

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1279 TOP (High: 2.9092 / Low: 2.7813). On the other end, June was the most stable month, with a tight range of 0.0338 TOP (High: 2.8856 / Low: 2.8518).

September Spread (Volatile) ±0.1279

June Spread (Stable) ±0.0338

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0599 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.9177) against the same month in 2013 (average: 2.7764), the exchange rate shifted by +0.1413 (+5.09%).

2014 Avg (November) 2.9177

2013 Avg (November) 2.7764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8852	2.8341	2.8594
February	2.8931	2.8582	2.8798
March	2.8905	2.8185	2.8729
April	2.8851	2.7983	2.8355
May	2.8814	2.8252	2.8664
June	2.8856	2.8518	2.8641
July	2.8542	2.7812	2.8401
August	2.8836	2.7878	2.8355
September	2.9092	2.7813	2.8566
October	2.9423	2.8780	2.9152
November	2.9461	2.8635	2.9177
December	2.8910	2.8311	2.8578