2024 TOP to ANG Historical Review

YEARLY HIGH

0.7755 ANG

YEARLY LOW

0.7461 ANG

YEARLY AVERAGE

0.7607 ANG

2024 TOP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7755. Conversely, the yearly low was recorded on April 29, dropping to 0.7461.

This high-to-low spread represents a total annual volatility of 0.0293 ANG. From a start-to-finish perspective, comparing the January average rate of 0.7650 to the December average rate of 0.7524, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7755 was down 1.44% compared to the 2023 peak of 0.7868, 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 3,877 ANG

2023 Average 3,814 ANG

Yearly Trough Low 3,731 ANG

Transaction Impact: A difference of 146.65 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7704

0.7508

JanuMarcMayJulySeptNove

TOP to ANG 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 0.7612, compared to 0.7603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.7612

H2 Avg (Jul–Dec) 0.7603

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0225 ANG (High: 0.7722 / Low: 0.7497). On the other end, December was the most stable month, with a tight range of 0.0041 ANG (High: 0.7538 / Low: 0.7496).

August Spread (Volatile) ±0.0225

December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7650) against the same month in 2023 (average: 0.7737), the exchange rate shifted by -0.0087 (-1.12%).

2024 Avg (January) 0.7650

2023 Avg (January) 0.7737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7755	0.7605	0.7650
February	0.7694	0.7525	0.7615
March	0.7652	0.7560	0.7605
April	0.7619	0.7461	0.7556
May	0.7657	0.7534	0.7608
June	0.7711	0.7617	0.7640
July	0.7659	0.7552	0.7614
August	0.7722	0.7497	0.7617
September	0.7722	0.7653	0.7687
October	0.7721	0.7556	0.7634
November	0.7605	0.7476	0.7539
December	0.7538	0.7496	0.7524