2010 ZAR to TOP Historical Review

YEARLY HIGH

0.2823 TOP

YEARLY LOW

0.2455 TOP

YEARLY AVERAGE

0.2634 TOP

2010 ZAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ZAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2823. Conversely, the yearly low was recorded on February 8, dropping to 0.2455.

This high-to-low spread represents a total annual volatility of 0.0368 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2546 to the December average rate of 0.2747, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 14,113 TOP

Yearly Average 13,170 TOP

Yearly Trough Low 12,273 TOP

Transaction Impact: A difference of 1,840.66 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.2774

0.2490

JanuMarcMayJulySeptNove

ZAR 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 0.2577, compared to 0.2691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.2577

H2 Avg (Jul–Dec) 0.2691

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0229 TOP (High: 0.2709 / Low: 0.2480). On the other end, June was the most stable month, with a tight range of 0.0089 TOP (High: 0.2635 / Low: 0.2546).

May Spread (Volatile) ±0.0229

June Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0077 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 0.2747.

2010 Avg (December) 0.2747

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2644	0.2465	0.2546
February	0.2588	0.2455	0.2514
March	0.2659	0.2519	0.2592
April	0.2677	0.2570	0.2622
May	0.2709	0.2480	0.2604
June	0.2635	0.2546	0.2582
July	0.2666	0.2548	0.2593
August	0.2699	0.2581	0.2655
September	0.2763	0.2672	0.2728
October	0.2794	0.2676	0.2751
November	0.2806	0.2589	0.2674
December	0.2823	0.2654	0.2747