Taylor Swift Calls Billboard Woman of the Year Honor 'Jumping Up & Down Moment'

Taylor Swift Donates $4 Million to Country Hall of Fame

Taylor Swift, Billboard's 2011 Woman of the Year, is simply beaming over her recent honor, both on camera and off.

Taylor Swift Named Billboard Woman of the Year

"It's one of those jumping up and down moments," Swift told "Good Morning America" anchor Robin Roberts of her Woman of the Year title yesterday (Oct. 13). "Of the whole year?! I'm so thankful." Watch below.

While Swift has spent most of 2011 on the road, the 21-year-old squeezed in some time to work on her new fragrance, Wonderstruck, which debuted this week. "I wanted to created a fragrance the way that word feels," Swift told Roberts of the perfume, named for a lyric in her song "Enchanted."

Taylor Swift Launches 'Wonderstruck' Perfume