2014 TOP to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TOP to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TOP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 275.0550. Conversely, the yearly low was recorded on March 17, dropping to 253.3207.
This high-to-low spread represents a total annual volatility of 21.7343 XAF. From a start-to-finish perspective, comparing the January average rate of 258.7650 to the December average rate of 271.5116, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 275.0550 was down 6.04% compared to the 2013 peak of 292.7219, 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 2014.
TOP to XAF 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 258.0990, compared to 265.9407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8417 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 9.4905 XAF (High: 273.7601 / Low: 264.2695). On the other end, February was the most stable month, with a tight range of 4.0455 XAF (High: 259.5368 / Low: 255.4913).
Growth Streaks & Declines
TrendsBetween May and September, 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 September and October, when the average rate fell by 3.0795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 271.5116) against the same month in 2013 (average: 257.8508), the exchange rate shifted by +13.6607 (+5.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 261.1072 | 256.2466 | 258.7650 |
| February | 259.5368 | 255.4913 | 257.0629 |
| March | 260.6145 | 253.3207 | 255.7376 |
| April | 262.4225 | 254.7543 | 259.4910 |
| May | 260.2945 | 254.7826 | 257.8371 |
| June | 261.3557 | 257.2486 | 259.7006 |
| July | 267.8999 | 260.4796 | 263.0625 |
| August | 269.4984 | 260.4230 | 265.3086 |
| September | 273.7601 | 264.2695 | 267.1668 |
| October | 268.4149 | 259.6436 | 264.0873 |
| November | 269.3261 | 262.2944 | 264.5074 |
| December | 275.0550 | 266.6662 | 271.5116 |