2021 TOP to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TOP to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TOP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 193.3580. Conversely, the yearly low was recorded on February 18, dropping to 181.0657.
This high-to-low spread represents a total annual volatility of 12.2923 KZT. From a start-to-finish perspective, comparing the January average rate of 184.5192 to the December average rate of 191.1422, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 193.3580 was up 0.78% compared to the 2020 peak of 191.8585, 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 2021.
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 186.9736, compared to 189.6561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 4.5303 KZT (High: 191.9807 / Low: 187.4504). On the other end, December was the most stable month, with a tight range of 2.3701 KZT (High: 192.4192 / Low: 190.0491).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.1780 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 191.2736) against the same month in 2020 (average: 177.3046), the exchange rate shifted by +13.9690 (+7.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 186.0723 | 182.7714 | 184.5192 |
| February | 184.2636 | 181.0657 | 182.5092 |
| March | 185.9030 | 182.3548 | 184.5054 |
| April | 190.1938 | 185.8192 | 188.9462 |
| May | 191.9807 | 187.4504 | 190.0881 |
| June | 193.3580 | 189.6922 | 191.2736 |
| July | 191.2654 | 188.0916 | 189.0956 |
| August | 189.2587 | 186.1522 | 188.1937 |
| September | 190.2818 | 187.2502 | 189.0920 |
| October | 191.6479 | 187.4538 | 189.1121 |
| November | 192.5619 | 190.0268 | 191.3009 |
| December | 192.4192 | 190.0491 | 191.1422 |