YEARLY HIGH
2.6361 TOP
YEARLY LOW
2.4783 TOP
YEARLY AVERAGE
2.5633 TOP

2024 EUR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2.6361. Conversely, the yearly low was recorded on December 31, dropping to 2.4783.

This high-to-low spread represents a total annual volatility of 0.1578 TOP. From a start-to-finish perspective, comparing the January average rate of 2.5699 to the December average rate of 2.5076, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6361 was down 0.33% compared to the 2023 peak of 2.6448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,181 TOP
2023 Average 12,783 TOP
Yearly Trough Low 12,392 TOP
Transaction Impact: A difference of 788.91 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6162
2.4977
JanuMarcMayJulySeptNove

EUR 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 2.5594, compared to 2.5672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 2.5594
H2 Avg (Jul–Dec) 2.5672

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1051 TOP (High: 2.6021 / Low: 2.4970). On the other end, January was the most stable month, with a tight range of 0.0302 TOP (High: 2.5809 / Low: 2.5507).

November Spread (Volatile) ±0.1051
January Spread (Stable) ±0.0302

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0337 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.6063) against the same month in 2023 (average: 2.5947), the exchange rate shifted by +0.0116 (+0.45%).

2024 Avg (August) 2.6063
2023 Avg (August) 2.5947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5809 2.5507 2.5699
February 2.5805 2.5332 2.5559
March 2.5954 2.5523 2.5747
April 2.5873 2.5323 2.5563
May 2.5792 2.5477 2.5609
June 2.5757 2.5215 2.5389
July 2.5932 2.5361 2.5685
August 2.6361 2.5672 2.6063
September 2.6185 2.5826 2.6052
October 2.5945 2.5578 2.5745
November 2.6021 2.4970 2.5413
December 2.5350 2.4783 2.5076