2024 TOP to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 76.4478. Conversely, the yearly low was recorded on April 29, dropping to 73.5722.
This high-to-low spread represents a total annual volatility of 2.8755 DJF. From a start-to-finish perspective, comparing the January average rate of 75.5322 to the December average rate of 74.2771, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 76.4478 was down 1.64% compared to the 2023 peak of 77.7194, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TOP to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 75.1186, compared to 75.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1034 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.1929 DJF (High: 76.2674 / Low: 74.0745). On the other end, December was the most stable month, with a tight range of 0.4089 DJF (High: 74.4783 / Low: 74.0694).
Growth Streaks & Declines
TrendsBetween 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 0.8967 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 75.8776) against the same month in 2023 (average: 74.4486), the exchange rate shifted by +1.4290 (+1.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.3400 | 75.0405 | 75.5322 |
| February | 76.0190 | 74.2584 | 75.1509 |
| March | 75.5201 | 74.6741 | 75.0540 |
| April | 75.0714 | 73.5722 | 74.5768 |
| May | 75.6502 | 74.3896 | 75.0271 |
| June | 76.1789 | 75.0067 | 75.3707 |
| July | 75.6646 | 74.5111 | 75.1496 |
| August | 76.2674 | 74.0745 | 75.1244 |
| September | 76.4478 | 75.4890 | 75.8776 |
| October | 76.2881 | 74.5297 | 75.2798 |
| November | 75.1395 | 73.8925 | 74.3830 |
| December | 74.4783 | 74.0694 | 74.2771 |