2024 ARS to TOP Historical Review

YEARLY HIGH

0.0029 TOP

YEARLY LOW

0.0023 TOP

YEARLY AVERAGE

0.0026 TOP

2024 ARS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 30, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0006 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0023, the exchange rate registered a net change of -18.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 78.11% compared to the 2023 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 TOP

2023 Average 45 TOP

Yearly Trough Low 12 TOP

Transaction Impact: A difference of 2.89 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0029

0.0023

JanuMarcMayJulySeptNove

ARS 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 0.0028, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 TOP (High: 0.0026 / Low: 0.0025). On the other end, October was the most stable month, with a tight range of 0.0000 TOP (High: 0.0024 / Low: 0.0024).

August Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0029) against the same month in 2023 (average: 0.0128), the exchange rate shifted by -0.0099 (-77.50%).

2024 Avg (January) 0.0029

2023 Avg (January) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0029	0.0029
February	0.0029	0.0028	0.0028
March	0.0028	0.0028	0.0028
April	0.0028	0.0027	0.0027
May	0.0027	0.0026	0.0027
June	0.0026	0.0026	0.0026
July	0.0026	0.0026	0.0026
August	0.0026	0.0025	0.0025
September	0.0025	0.0024	0.0024
October	0.0024	0.0024	0.0024
November	0.0024	0.0024	0.0024
December	0.0024	0.0023	0.0023