2012 ZWL to TOP Historical Review

YEARLY HIGH

1.8058 TOP

YEARLY LOW

1.6751 TOP

YEARLY AVERAGE

1.7381 TOP

2012 ZWL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ZWL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 1.8058. Conversely, the yearly low was recorded on May 10, dropping to 1.6751.

This high-to-low spread represents a total annual volatility of 0.1307 TOP. From a start-to-finish perspective, comparing the January average rate of 1.7413 to the December average rate of 1.7398, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8058 was down 4.30% compared to the 2011 peak of 1.8869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,029 TOP

2011 Average 8,778 TOP

Yearly Trough Low 8,375 TOP

Transaction Impact: A difference of 653.48 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.7993

1.6768

JanuMarcMayJulySeptNove

ZWL 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 1.7278, compared to 1.7484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 1.7278

H2 Avg (Jul–Dec) 1.7484

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1230 TOP (High: 1.7980 / Low: 1.6751). On the other end, June was the most stable month, with a tight range of 0.0213 TOP (High: 1.7969 / Low: 1.7755).

May Spread (Volatile) ±0.1230

June Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0489 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.7782) against the same month in 2011 (average: 1.6855), the exchange rate shifted by +0.0927 (+5.50%).

2012 Avg (July) 1.7782

2011 Avg (July) 1.6855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7560	1.7036	1.7413
February	1.7087	1.6793	1.6924
March	1.7087	1.6765	1.6870
April	1.7105	1.6864	1.7013
May	1.7980	1.6751	1.7553
June	1.7969	1.7755	1.7891
July	1.8058	1.7438	1.7782
August	1.7638	1.7347	1.7508
September	1.7669	1.7163	1.7425
October	1.7592	1.7227	1.7418
November	1.7771	1.7090	1.7375
December	1.7638	1.7330	1.7398