2024 TOP to BRL Historical Review

YEARLY HIGH

2.8122 BRL

YEARLY LOW

2.0652 BRL

YEARLY AVERAGE

2.2759 BRL

2024 TOP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 2.8122. Conversely, the yearly low was recorded on January 14, dropping to 2.0652.

This high-to-low spread represents a total annual volatility of 0.7470 BRL. From a start-to-finish perspective, comparing the January average rate of 2.0839 to the December average rate of 2.5569, the exchange rate registered a net change of 22.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8122 was up 20.27% compared to the 2023 peak of 2.3382, 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 14,061 BRL

2023 Average 10,572 BRL

Yearly Trough Low 10,326 BRL

Transaction Impact: A difference of 3,735.00 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6042

2.0367

JanuMarcMayJulySeptNove

TOP to BRL 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 2.1487, compared to 2.4031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2545 points.

H1 Avg (Jan–Jun) 2.1487

H2 Avg (Jul–Dec) 2.4031

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3253 BRL (High: 2.8122 / Low: 2.4869). On the other end, March was the most stable month, with a tight range of 0.0397 BRL (High: 2.1246 / Low: 2.0849).

December Spread (Volatile) ±0.3253

March Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5569) against the same month in 2023 (average: 2.0839), the exchange rate shifted by +0.4730 (+22.70%).

2024 Avg (December) 2.5569

2023 Avg (December) 2.0839

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1121	2.0652	2.0839
February	2.1164	2.0703	2.0968
March	2.1246	2.0849	2.1044
April	2.2116	2.1127	2.1501
May	2.2215	2.1265	2.1692
June	2.3664	2.2215	2.2876
July	2.4017	2.2995	2.3414
August	2.4168	2.2865	2.3498
September	2.4143	2.3121	2.3627
October	2.4293	2.3250	2.3797
November	2.5121	2.3823	2.4282
December	2.8122	2.4869	2.5569