2024 TOP to CDF Historical Review

YEARLY HIGH

1226.4345 CDF

YEARLY LOW

1123.8922 CDF

YEARLY AVERAGE

1188.4487 CDF

2024 TOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1226.4345. Conversely, the yearly low was recorded on January 20, dropping to 1123.8922.

This high-to-low spread represents a total annual volatility of 102.5423 CDF. From a start-to-finish perspective, comparing the January average rate of 1155.5543 to the December average rate of 1191.9575, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1226.4345 was up 2.71% compared to the 2023 peak of 1194.0609, 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 6,132,172 CDF

2023 Average 4,945,187 CDF

Yearly Trough Low 5,619,461 CDF

Transaction Impact: A difference of 512,711.31 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1220.6312

1149.6383

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 1173.7862, compared to 1203.1112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.3250 points.

H1 Avg (Jan–Jun) 1173.7862

H2 Avg (Jul–Dec) 1203.1112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 50.7514 CDF (High: 1174.6436 / Low: 1123.8922). On the other end, November was the most stable month, with a tight range of 15.0270 CDF (High: 1206.3474 / Low: 1191.3204).

January Spread (Volatile) ±50.7514

November Spread (Stable) ±15.0270

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 12.1822 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -12.1822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1214.7151) against the same month in 2023 (average: 1038.7325), the exchange rate shifted by +175.9827 (+16.94%).

2024 Avg (September) 1214.7151

2023 Avg (September) 1038.7325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1174.6436	1123.8922	1155.5543
February	1172.2048	1152.3439	1164.0874
March	1180.1509	1164.7495	1171.3617
April	1186.0418	1156.5068	1170.8451
May	1196.7224	1167.1466	1180.4269
June	1209.3387	1183.7966	1200.4416
July	1217.2791	1186.8206	1201.8421
August	1218.0343	1193.6475	1205.0560
September	1226.4345	1205.8966	1214.7151
October	1223.2248	1197.4463	1208.6392
November	1206.3474	1191.3204	1196.4570
December	1198.9827	1183.3577	1191.9575