YEARLY HIGH
0.8673 BZD
YEARLY LOW
0.8346 BZD
YEARLY AVERAGE
0.8507 BZD

2024 TOP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8673. Conversely, the yearly low was recorded on April 29, dropping to 0.8346.

This high-to-low spread represents a total annual volatility of 0.0327 BZD. From a start-to-finish perspective, comparing the January average rate of 0.8556 to the December average rate of 0.8403, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8673 was down 1.44% compared to the 2023 peak of 0.8800, 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 4,337 BZD
2023 Average 4,265 BZD
Yearly Trough Low 4,173 BZD
Transaction Impact: A difference of 163.71 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8617
0.8384
JanuMarcMayJulySeptNove

TOP to BZD 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 0.8513, compared to 0.8501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.8513
H2 Avg (Jul–Dec) 0.8501

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0251 BZD (High: 0.8636 / Low: 0.8385). On the other end, December was the most stable month, with a tight range of 0.0069 BZD (High: 0.8430 / Low: 0.8361).

August Spread (Volatile) ±0.0251
December Spread (Stable) ±0.0069

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 0.0106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8556) against the same month in 2023 (average: 0.8653), the exchange rate shifted by -0.0097 (-1.12%).

2024 Avg (January) 0.8556
2023 Avg (January) 0.8653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8673 0.8506 0.8556
February 0.8606 0.8416 0.8514
March 0.8558 0.8456 0.8506
April 0.8522 0.8346 0.8451
May 0.8561 0.8426 0.8508
June 0.8624 0.8520 0.8545
July 0.8566 0.8446 0.8516
August 0.8636 0.8385 0.8519
September 0.8636 0.8560 0.8598
October 0.8635 0.8451 0.8538
November 0.8505 0.8362 0.8432
December 0.8430 0.8361 0.8403