2024 ETB to TOP Historical Review

YEARLY HIGH

0.0423 TOP

YEARLY LOW

0.0187 TOP

YEARLY AVERAGE

0.0327 TOP

2024 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0423. Conversely, the yearly low was recorded on December 31, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0235 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0189, the exchange rate registered a net change of -54.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0423 was down 4.95% compared to the 2023 peak of 0.0445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 TOP

2023 Average 216 TOP

Yearly Trough Low 94 TOP

Transaction Impact: A difference of 117.68 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0442

0.0166

JanuMarcMayJulySeptNove

ETB 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 0.0416, compared to 0.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.0416

H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0097 TOP (High: 0.0413 / Low: 0.0316). On the other end, December was the most stable month, with a tight range of 0.0006 TOP (High: 0.0193 / Low: 0.0187).

July Spread (Volatile) ±0.0097

December Spread (Stable) ±0.0006

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 July and August, when the average rate fell by 0.0174 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0418) against the same month in 2023 (average: 0.0435), the exchange rate shifted by -0.0017 (-3.91%).

2024 Avg (February) 0.0418

2023 Avg (February) 0.0435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0421	0.0413	0.0417
February	0.0423	0.0414	0.0418
March	0.0421	0.0414	0.0417
April	0.0422	0.0415	0.0419
May	0.0419	0.0410	0.0413
June	0.0414	0.0407	0.0410
July	0.0413	0.0316	0.0407
August	0.0302	0.0208	0.0233
September	0.0212	0.0195	0.0203
October	0.0200	0.0194	0.0196
November	0.0199	0.0190	0.0195
December	0.0193	0.0187	0.0189