YEARLY HIGH
0.4929 TWD
YEARLY LOW
0.4171 TWD
YEARLY AVERAGE
0.4556 TWD

2024 AFN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.4929. Conversely, the yearly low was recorded on February 3, dropping to 0.4171.

This high-to-low spread represents a total annual volatility of 0.0758 TWD. From a start-to-finish perspective, comparing the January average rate of 0.4361 to the December average rate of 0.4693, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4929 was up 6.69% compared to the 2023 peak of 0.4620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,465 TWD
2023 Average 1,899 TWD
Yearly Trough Low 2,086 TWD
Transaction Impact: A difference of 378.94 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4835
0.4246
JanuMarcMayJulySeptNove

AFN to TWD 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 0.4442, compared to 0.4670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.4442
H2 Avg (Jul–Dec) 0.4670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0272 TWD (High: 0.4929 / Low: 0.4657). On the other end, July was the most stable month, with a tight range of 0.0113 TWD (High: 0.4672 / Low: 0.4560).

October Spread (Volatile) ±0.0272
July Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4786) against the same month in 2023 (average: 0.4275), the exchange rate shifted by +0.0510 (+11.94%).

2024 Avg (October) 0.4786
2023 Avg (October) 0.4275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4441 0.4206 0.4361
February 0.4361 0.4171 0.4295
March 0.4502 0.4315 0.4389
April 0.4556 0.4434 0.4506
May 0.4607 0.4445 0.4506
June 0.4648 0.4527 0.4593
July 0.4672 0.4560 0.4611
August 0.4671 0.4480 0.4553
September 0.4670 0.4513 0.4598
October 0.4929 0.4657 0.4786
November 0.4861 0.4709 0.4779
December 0.4801 0.4624 0.4693