YEARLY HIGH
0.8935 TOP
YEARLY LOW
0.8624 TOP
YEARLY AVERAGE
0.8765 TOP

2024 XCD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.8935. Conversely, the yearly low was recorded on January 1, dropping to 0.8624.

This high-to-low spread represents a total annual volatility of 0.0311 TOP. From a start-to-finish perspective, comparing the January average rate of 0.8716 to the December average rate of 0.8860, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8935 was up 0.18% compared to the 2023 peak of 0.8920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 4,468 TOP
2023 Average 4,370 TOP
Yearly Trough Low 4,312 TOP
Transaction Impact: A difference of 155.72 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8879
0.8658
JanuMarcMayJulySeptNove

XCD to TOP 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 0.8759, compared to 0.8772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.8759
H2 Avg (Jul–Dec) 0.8772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0186 TOP (High: 0.8820 / Low: 0.8634). On the other end, December was the most stable month, with a tight range of 0.0000 TOP (High: 0.8860 / Low: 0.8860).

October Spread (Volatile) ±0.0186
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.8822) against the same month in 2023 (average: 0.8708), the exchange rate shifted by +0.0114 (+1.31%).

2024 Avg (April) 0.8822
2023 Avg (April) 0.8708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8767 0.8624 0.8716
February 0.8861 0.8730 0.8761
March 0.8809 0.8717 0.8764
April 0.8935 0.8762 0.8822
May 0.8837 0.8721 0.8763
June 0.8748 0.8705 0.8729
July 0.8828 0.8711 0.8756
August 0.8817 0.8652 0.8748
September 0.8715 0.8634 0.8676
October 0.8820 0.8634 0.8742
November 0.8894 0.8806 0.8847
December 0.8860 0.8860 0.8860