2024 BGN to TWD Historical Review

YEARLY HIGH

18.3128 TWD

YEARLY LOW

17.1671 TWD

YEARLY AVERAGE

17.7569 TWD

2024 BGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 18.3128. Conversely, the yearly low was recorded on February 6, dropping to 17.1671.

This high-to-low spread represents a total annual volatility of 1.1457 TWD. From a start-to-finish perspective, comparing the January average rate of 17.3967 to the December average rate of 17.4435, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.3128 was up 2.49% compared to the 2023 peak of 17.8686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,564 TWD

2023 Average 86,148 TWD

Yearly Trough Low 85,835 TWD

Transaction Impact: A difference of 5,728.69 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.2506

17.2602

JanuMarcMayJulySeptNove

BGN 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 17.6272, compared to 17.8866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2594 points.

H1 Avg (Jan–Jun) 17.6272

H2 Avg (Jul–Dec) 17.8866

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.4945 TWD (High: 18.1329 / Low: 17.6384). On the other end, September was the most stable month, with a tight range of 0.2428 TWD (High: 18.2823 / Low: 18.0395).

October Spread (Volatile) ±0.4945

September Spread (Stable) ±0.2428

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.3104 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 18.1680) against the same month in 2023 (average: 17.7463), the exchange rate shifted by +0.4217 (+2.38%).

2024 Avg (August) 18.1680

2023 Avg (August) 17.7463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5469	17.2685	17.3967
February	17.5340	17.1671	17.3427
March	17.7512	17.4907	17.6080
April	17.8539	17.5769	17.7357
May	18.0121	17.7446	17.8543
June	18.0205	17.6996	17.8258
July	18.2773	17.8616	18.1061
August	18.3128	18.0566	18.1680
September	18.2823	18.0395	18.1483
October	18.1329	17.6384	17.8821
November	17.7847	17.3525	17.5717
December	17.5606	17.2993	17.4435