2024 TOP to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 5429.8756. Conversely, the yearly low was recorded on April 29, dropping to 1040.4704.
This high-to-low spread represents a total annual volatility of 4389.4052 SYP. From a start-to-finish perspective, comparing the January average rate of 1066.6924 to the December average rate of 2603.6842, the exchange rate registered a net change of 144.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 5429.8756 was up 399.31% compared to the 2023 peak of 1087.4809, 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 SYP 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 1061.4135, compared to 1319.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 257.6150 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 4380.5966 SYP (High: 5429.8756 / Low: 1049.2790). On the other end, June was the most stable month, with a tight range of 5.2702 SYP (High: 1067.9787 / Low: 1062.7086).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 12.6883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 2603.6842) against the same month in 2023 (average: 1069.2443), the exchange rate shifted by +1534.4400 (+143.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1078.0462 | 1060.4448 | 1066.6924 |
| February | 1064.9657 | 1049.1966 | 1061.1333 |
| March | 1066.4792 | 1055.4188 | 1060.8638 |
| April | 1061.0750 | 1040.4704 | 1053.8139 |
| May | 1065.9765 | 1052.0302 | 1060.9300 |
| June | 1067.9787 | 1062.7086 | 1065.0475 |
| July | 1067.2275 | 1053.1555 | 1061.8284 |
| August | 1074.5233 | 1054.4249 | 1062.7761 |
| September | 1076.7217 | 1066.7875 | 1071.5157 |
| October | 1076.7217 | 1054.0109 | 1063.5275 |
| November | 1055.7514 | 1045.2934 | 1050.8392 |
| December | 5429.8756 | 1049.2790 | 2603.6842 |