YEARLY HIGH
15.7663 SRD
YEARLY LOW
12.0507 SRD
YEARLY AVERAGE
13.9906 SRD

2024 TOP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15.7663. Conversely, the yearly low was recorded on August 6, dropping to 12.0507.

This high-to-low spread represents a total annual volatility of 3.7156 SRD. From a start-to-finish perspective, comparing the January average rate of 15.5762 to the December average rate of 14.7078, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.7663 was down 4.29% compared to the 2023 peak of 16.4723, 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 78,832 SRD
2023 Average 77,475 SRD
Yearly Trough Low 60,254 SRD
Transaction Impact: A difference of 18,577.96 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.9157
11.8412
JanuMarcMayJulySeptNove

TOP to SRD 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 14.5503, compared to 13.4309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1194 points.

H1 Avg (Jan–Jun) 14.5503
H2 Avg (Jul–Dec) 13.4309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.2871 SRD (High: 14.4306 / Low: 13.1435). On the other end, December was the most stable month, with a tight range of 0.1449 SRD (High: 14.7858 / Low: 14.6409).

October Spread (Volatile) ±1.2871
December Spread (Stable) ±0.1449

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.7459 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 15.5762) against the same month in 2023 (average: 13.6584), the exchange rate shifted by +1.9178 (+14.04%).

2024 Avg (January) 15.5762
2023 Avg (January) 13.6584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.7663 15.4085 15.5762
February 15.5427 14.8928 15.2687
March 15.0480 14.6597 14.8753
April 14.7187 14.0670 14.5183
May 14.1582 13.5536 13.7724
June 13.6502 12.9524 13.2910
July 13.0558 12.0972 12.5489
August 12.3585 12.0507 12.1808
September 13.1564 12.3125 12.6689
October 14.4306 13.1435 13.7627
November 14.8415 14.4170 14.7162
December 14.7858 14.6409 14.7078