YEARLY HIGH
512.5963 CDF
YEARLY LOW
460.1183 CDF
YEARLY AVERAGE
489.6381 CDF

2014 TOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 512.5963. Conversely, the yearly low was recorded on November 11, dropping to 460.1183.

This high-to-low spread represents a total annual volatility of 52.4780 CDF. From a start-to-finish perspective, comparing the January average rate of 496.3908 to the December average rate of 471.6975, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 512.5963 was down 4.36% compared to the 2013 peak of 535.9400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,562,981 CDF
2013 Average 2,575,763 CDF
Yearly Trough Low 2,300,591 CDF
Transaction Impact: A difference of 262,389.95 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

507.6498
461.3761
JanuMarcMayJulySeptNove

TOP to CDF 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 497.4554, compared to 481.8208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.6346 points.

H1 Avg (Jan–Jun) 497.4554
H2 Avg (Jul–Dec) 481.8208

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 25.5042 CDF (High: 498.8942 / Low: 473.3900). On the other end, December was the most stable month, with a tight range of 8.1789 CDF (High: 475.4288 / Low: 467.2499).

September Spread (Volatile) ±25.5042
December Spread (Stable) ±8.1789

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 13.4006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.4006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 503.7936) against the same month in 2013 (average: 528.6067), the exchange rate shifted by -24.8131 (-4.69%).

2014 Avg (April) 503.7936
2013 Avg (April) 528.6067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 501.7793 492.1829 496.3908
February 497.8786 489.6013 493.2262
March 506.5118 493.1252 497.0299
April 512.5963 495.3330 503.7936
May 508.6484 493.8043 497.5999
June 501.0304 491.8392 496.6919
July 511.4379 495.4710 500.8917
August 506.3552 489.9583 496.8464
September 498.8942 473.3900 484.8288
October 476.7587 464.5392 471.4282
November 472.1596 460.1183 465.2323
December 475.4288 467.2499 471.6975