2024 TOP to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 18.6877. Conversely, the yearly low was recorded on April 2, dropping to 15.7539.
This high-to-low spread represents a total annual volatility of 2.9338 UYU. From a start-to-finish perspective, comparing the January average rate of 16.6307 to the December average rate of 18.3665, the exchange rate registered a net change of 10.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 18.6877 was up 9.29% compared to the 2023 peak of 17.0999, 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 UYU 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 16.3957, compared to 17.5325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1368 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 0.9768 UYU (High: 18.0548 / Low: 17.0780). On the other end, July was the most stable month, with a tight range of 0.2132 UYU (High: 17.0835 / Low: 16.8703).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2818 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 18.3665) against the same month in 2023 (average: 16.7140), the exchange rate shifted by +1.6526 (+9.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.8020 | 16.3617 | 16.6307 |
| February | 16.5819 | 16.3338 | 16.5239 |
| March | 16.4845 | 15.7667 | 16.2420 |
| April | 16.2733 | 15.7539 | 16.1145 |
| May | 16.4258 | 16.0154 | 16.2512 |
| June | 16.8048 | 16.4003 | 16.6119 |
| July | 17.0835 | 16.8703 | 16.9751 |
| August | 17.2646 | 16.7981 | 17.0599 |
| September | 18.0548 | 17.0780 | 17.4726 |
| October | 17.9324 | 17.2023 | 17.6073 |
| November | 17.9288 | 17.4025 | 17.7136 |
| December | 18.6877 | 17.9264 | 18.3665 |