YEARLY HIGH
4.7611 TWD
YEARLY LOW
4.4280 TWD
YEARLY AVERAGE
4.6435 TWD

2024 BOB to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 4.7611. Conversely, the yearly low was recorded on January 1, dropping to 4.4280.

This high-to-low spread represents a total annual volatility of 0.3332 TWD. From a start-to-finish perspective, comparing the January average rate of 4.5147 to the December average rate of 4.7141, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.7611 was up 1.07% compared to the 2023 peak of 4.7109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,806 TWD
2023 Average 22,546 TWD
Yearly Trough Low 22,140 TWD
Transaction Impact: A difference of 1,665.78 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.7442
4.4938
JanuMarcMayJulySeptNove

BOB 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 4.6136, compared to 4.6734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0599 points.

H1 Avg (Jan–Jun) 4.6136
H2 Avg (Jul–Dec) 4.6734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1612 TWD (High: 4.7611 / Low: 4.5999). On the other end, October was the most stable month, with a tight range of 0.0509 TWD (High: 4.6658 / Low: 4.6149).

August Spread (Volatile) ±0.1612
October Spread (Stable) ±0.0509

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0548 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 4.6686) against the same month in 2023 (average: 4.6047), the exchange rate shifted by +0.0638 (+1.39%).

2024 Avg (August) 4.6686
2023 Avg (August) 4.6047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5673 4.4280 4.5147
February 4.5916 4.5013 4.5462
March 4.6451 4.5322 4.5852
April 4.7229 4.6221 4.6738
May 4.7075 4.6356 4.6742
June 4.7163 4.6586 4.6873
July 4.7544 4.6857 4.7234
August 4.7611 4.5999 4.6686
September 4.6552 4.5722 4.6219
October 4.6658 4.6149 4.6387
November 4.7184 4.6061 4.6740
December 4.7500 4.6708 4.7141