2024 TOP to CHF Historical Review

YEARLY HIGH

0.3875 CHF

YEARLY LOW

0.3579 CHF

YEARLY AVERAGE

0.3717 CHF

2024 TOP to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.3875. Conversely, the yearly low was recorded on August 6, dropping to 0.3579.

This high-to-low spread represents a total annual volatility of 0.0296 CHF. From a start-to-finish perspective, comparing the January average rate of 0.3643 to the December average rate of 0.3725, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3875 was down 3.31% compared to the 2023 peak of 0.4008, 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 1,937 CHF

2023 Average 1,902 CHF

Yearly Trough Low 1,789 CHF

Transaction Impact: A difference of 148.03 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3861

0.3590

JanuMarcMayJulySeptNove

TOP to CHF 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 0.3758, compared to 0.3677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.3758

H2 Avg (Jul–Dec) 0.3677

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0143 CHF (High: 0.3824 / Low: 0.3681). On the other end, October was the most stable month, with a tight range of 0.0041 CHF (High: 0.3664 / Low: 0.3623).

July Spread (Volatile) ±0.0143

October Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0142 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.3839) against the same month in 2023 (average: 0.3808), the exchange rate shifted by +0.0031 (+0.81%).

2024 Avg (May) 0.3839

2023 Avg (May) 0.3808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3676	0.3612	0.3643
February	0.3752	0.3629	0.3704
March	0.3835	0.3708	0.3753
April	0.3862	0.3772	0.3817
May	0.3875	0.3793	0.3839
June	0.3823	0.3744	0.3791
July	0.3824	0.3681	0.3769
August	0.3681	0.3579	0.3627
September	0.3640	0.3590	0.3612
October	0.3664	0.3623	0.3646
November	0.3729	0.3624	0.3683
December	0.3791	0.3668	0.3725