2023 TOP to KZT Historical Review

YEARLY HIGH

200.7245 KZT

YEARLY LOW

182.9285 KZT

YEARLY AVERAGE

193.2384 KZT

2023 TOP to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 200.7245. Conversely, the yearly low was recorded on March 5, dropping to 182.9285.

This high-to-low spread represents a total annual volatility of 17.7960 KZT. From a start-to-finish perspective, comparing the January average rate of 198.5675 to the December average rate of 195.4025, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 200.7245 was down 13.37% compared to the 2022 peak of 231.7139, 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 1,003,622 KZT

2022 Average 990,629 KZT

Yearly Trough Low 914,642 KZT

Transaction Impact: A difference of 88,979.98 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

199.6964

188.1516

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 192.3902, compared to 194.0866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6965 points.

H1 Avg (Jan–Jun) 192.3902

H2 Avg (Jul–Dec) 194.0866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 15.1724 KZT (High: 198.1009 / Low: 182.9285). On the other end, January was the most stable month, with a tight range of 3.0694 KZT (High: 199.6117 / Low: 196.5423).

March Spread (Volatile) ±15.1724

January Spread (Stable) ±3.0694

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 5.3747 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.3747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 195.9759) against the same month in 2022 (average: 199.3164), the exchange rate shifted by -3.3405 (-1.68%).

2023 Avg (September) 195.9759

2022 Avg (September) 199.3164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	199.6117	196.5423	198.5675
February	199.9644	188.5601	193.1928
March	198.1009	182.9285	191.3285
April	194.5560	188.6720	191.8924
May	191.2761	186.6700	189.1136
June	193.2621	187.5097	190.2462
July	191.3344	187.7072	189.5544
August	194.7814	186.7751	190.5359
September	200.7245	191.9487	195.9759
October	200.5704	194.7006	198.7343
November	196.2975	192.5505	194.3168
December	196.7811	193.2874	195.4025