2013 ZAR to TOP Historical Review

YEARLY HIGH

0.2052 TOP

YEARLY LOW

0.1727 TOP

YEARLY AVERAGE

0.1861 TOP

2013 ZAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2052. Conversely, the yearly low was recorded on June 1, dropping to 0.1727.

This high-to-low spread represents a total annual volatility of 0.0325 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1978 to the December average rate of 0.1793, the exchange rate registered a net change of -9.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2052 was down 9.09% compared to the 2012 peak of 0.2257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,259 TOP

2012 Average 10,602 TOP

Yearly Trough Low 8,634 TOP

Transaction Impact: A difference of 1,624.90 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1997

0.1759

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 0.1901, compared to 0.1822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1901

H2 Avg (Jul–Dec) 0.1822

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0217 TOP (High: 0.1954 / Low: 0.1736). On the other end, February was the most stable month, with a tight range of 0.0037 TOP (High: 0.1963 / Low: 0.1926).

May Spread (Volatile) ±0.0217

February Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0093 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.1978) against the same month in 2012 (average: 0.2174), the exchange rate shifted by -0.0197 (-9.05%).

2013 Avg (January) 0.1978

2012 Avg (January) 0.2174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2052	0.1909	0.1978
February	0.1963	0.1926	0.1948
March	0.1931	0.1882	0.1903
April	0.1955	0.1888	0.1914
May	0.1954	0.1736	0.1878
June	0.1874	0.1727	0.1784
July	0.1883	0.1827	0.1860
August	0.1886	0.1784	0.1840
September	0.1906	0.1787	0.1841
October	0.1851	0.1786	0.1822
November	0.1826	0.1732	0.1779
December	0.1826	0.1756	0.1793