2024 TOP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 617.3798. Conversely, the yearly low was recorded on January 1, dropping to 549.4816.
This high-to-low spread represents a total annual volatility of 67.8981 KRW. From a start-to-finish perspective, comparing the January average rate of 562.3791 to the December average rate of 601.6899, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 617.3798 was up 7.99% compared to the 2023 peak of 571.6776, 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 KRW 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 570.6414, compared to 580.6832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.0418 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 34.5585 KRW (High: 617.3798 / Low: 582.8213). On the other end, February was the most stable month, with a tight range of 9.5503 KRW (High: 566.9776 / Low: 557.4273).
Growth Streaks & Declines
TrendsBetween March and June, 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 13.1492 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 601.6899) against the same month in 2023 (average: 553.8304), the exchange rate shifted by +47.8595 (+8.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 569.3840 | 549.4816 | 562.3791 |
| February | 566.9776 | 557.4273 | 562.7652 |
| March | 570.4604 | 556.6298 | 562.6115 |
| April | 582.2043 | 564.5640 | 574.5794 |
| May | 585.6952 | 568.4727 | 575.8974 |
| June | 590.5341 | 580.0118 | 585.6159 |
| July | 588.1877 | 573.8089 | 584.2027 |
| August | 578.3040 | 563.0272 | 571.0535 |
| September | 572.9326 | 560.9044 | 567.2403 |
| October | 585.2663 | 567.2484 | 576.4709 |
| November | 590.6494 | 577.3494 | 583.4420 |
| December | 617.3798 | 582.8213 | 601.6899 |