2014 TOP to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TOP to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TOP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 101.9809. Conversely, the yearly low was recorded on February 9, dropping to 82.4405.
This high-to-low spread represents a total annual volatility of 19.5404 KZT. From a start-to-finish perspective, comparing the January average rate of 83.2315 to the December average rate of 92.8683, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 101.9809 was up 16.44% compared to the 2013 peak of 87.5787, 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 2014.
TOP to KZT 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 94.5800, compared to 94.9438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3638 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 17.3345 KZT (High: 99.7750 / Low: 82.4405). On the other end, January was the most stable month, with a tight range of 1.1005 KZT (High: 83.8430 / Low: 82.7425).
Growth Streaks & Declines
TrendsBetween January and April, 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 September and October, when the average rate fell by 2.9962 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 99.6361) against the same month in 2013 (average: 82.7131), the exchange rate shifted by +16.9230 (+20.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.8430 | 82.7425 | 83.2315 |
| February | 99.7750 | 82.4405 | 89.2333 |
| March | 99.9199 | 97.6497 | 98.3096 |
| April | 101.0265 | 97.8295 | 99.4427 |
| May | 100.3450 | 97.8839 | 98.4946 |
| June | 99.3279 | 97.8646 | 98.7685 |
| July | 101.9809 | 98.4071 | 99.6361 |
| August | 99.8328 | 96.4957 | 98.0346 |
| September | 98.5659 | 93.0550 | 95.5630 |
| October | 93.7198 | 91.3816 | 92.5669 |
| November | 92.4196 | 89.9331 | 90.9942 |
| December | 93.5272 | 91.6896 | 92.8683 |