2024 TOP to BOB Historical Review

YEARLY HIGH

2.9732 BOB

YEARLY LOW

2.8666 BOB

YEARLY AVERAGE

2.9181 BOB

2024 TOP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.9732. Conversely, the yearly low was recorded on November 18, dropping to 2.8666.

This high-to-low spread represents a total annual volatility of 0.1067 BOB. From a start-to-finish perspective, comparing the January average rate of 2.9332 to the December average rate of 2.8857, the exchange rate registered a net change of -1.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9732 was down 1.44% compared to the 2023 peak of 3.0166, 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 14,866 BOB

2023 Average 14,623 BOB

Yearly Trough Low 14,333 BOB

Transaction Impact: A difference of 533.30 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9546

2.8795

JanuMarcMayJulySeptNove

TOP to BOB 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 2.9200, compared to 2.9162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 2.9200

H2 Avg (Jul–Dec) 2.9162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0860 BOB (High: 2.9605 / Low: 2.8745). On the other end, December was the most stable month, with a tight range of 0.0210 BOB (High: 2.8953 / Low: 2.8743).

August Spread (Volatile) ±0.0860

December Spread (Stable) ±0.0210

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 0.0349 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.9332) against the same month in 2023 (average: 2.9664), the exchange rate shifted by -0.0332 (-1.12%).

2024 Avg (January) 2.9332

2023 Avg (January) 2.9664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9732	2.9159	2.9332
February	2.9503	2.8850	2.9195
March	2.9439	2.9004	2.9174
April	2.9212	2.8672	2.9027
May	2.9349	2.8930	2.9176
June	2.9565	2.9205	2.9295
July	2.9364	2.8955	2.9196
August	2.9605	2.8745	2.9208
September	2.9712	2.9344	2.9483
October	2.9603	2.8972	2.9289
November	2.9222	2.8666	2.8939
December	2.8953	2.8743	2.8857