2024 TOP to FJD Historical Review

YEARLY HIGH

0.9717 FJD

YEARLY LOW

0.9338 FJD

YEARLY AVERAGE

0.9496 FJD

2024 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9717. Conversely, the yearly low was recorded on September 26, dropping to 0.9338.

This high-to-low spread represents a total annual volatility of 0.0379 FJD. From a start-to-finish perspective, comparing the January average rate of 0.9482 to the December average rate of 0.9636, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9717 was up 0.94% compared to the 2023 peak of 0.9626, 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 4,858 FJD

2023 Average 4,720 FJD

Yearly Trough Low 4,669 FJD

Transaction Impact: A difference of 189.34 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9658

0.9394

JanuMarcMayJulySeptNove

TOP to FJD 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 0.9508, compared to 0.9484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.9508

H2 Avg (Jul–Dec) 0.9484

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0263 FJD (High: 0.9627 / Low: 0.9363). On the other end, June was the most stable month, with a tight range of 0.0160 FJD (High: 0.9602 / Low: 0.9442).

February Spread (Volatile) ±0.0263

June Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9636) against the same month in 2023 (average: 0.9427), the exchange rate shifted by +0.0208 (+2.21%).

2024 Avg (December) 0.9636

2023 Avg (December) 0.9427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9585	0.9407	0.9482
February	0.9627	0.9363	0.9499
March	0.9600	0.9416	0.9507
April	0.9598	0.9434	0.9506
May	0.9599	0.9402	0.9527
June	0.9602	0.9442	0.9530
July	0.9598	0.9424	0.9483
August	0.9564	0.9357	0.9435
September	0.9581	0.9338	0.9416
October	0.9567	0.9392	0.9455
November	0.9594	0.9391	0.9479
December	0.9717	0.9455	0.9636