YEARLY HIGH
0.3398 GBP
YEARLY LOW
0.3185 GBP
YEARLY AVERAGE
0.3304 GBP

2024 TOP to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3398. Conversely, the yearly low was recorded on September 26, dropping to 0.3185.

This high-to-low spread represents a total annual volatility of 0.0213 GBP. From a start-to-finish perspective, comparing the January average rate of 0.3341 to the December average rate of 0.3306, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3398 was down 5.38% compared to the 2023 peak of 0.3591, 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 1,699 GBP
2023 Average 1,703 GBP
Yearly Trough Low 1,593 GBP
Transaction Impact: A difference of 106.55 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3366
0.3213
JanuMarcMayJulySeptNove

TOP to GBP 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 0.3340, compared to 0.3268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.3340
H2 Avg (Jul–Dec) 0.3268

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0108 GBP (High: 0.3330 / Low: 0.3222). On the other end, October was the most stable month, with a tight range of 0.0034 GBP (High: 0.3259 / Low: 0.3224).

November Spread (Volatile) ±0.0108
October Spread (Stable) ±0.0034

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 June and July, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3341) against the same month in 2023 (average: 0.3506), the exchange rate shifted by -0.0165 (-4.72%).

2024 Avg (January) 0.3341
2023 Avg (January) 0.3506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3398 0.3319 0.3341
February 0.3364 0.3317 0.3344
March 0.3361 0.3287 0.3323
April 0.3382 0.3297 0.3353
May 0.3374 0.3314 0.3342
June 0.3356 0.3306 0.3336
July 0.3348 0.3255 0.3284
August 0.3313 0.3215 0.3268
September 0.3264 0.3185 0.3226
October 0.3259 0.3224 0.3245
November 0.3330 0.3222 0.3281
December 0.3342 0.3268 0.3306