2024 CAD to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 23.9449. Conversely, the yearly low was recorded on December 18, dropping to 22.6057.
This high-to-low spread represents a total annual volatility of 1.3392 TWD. From a start-to-finish perspective, comparing the January average rate of 23.2458 to the December average rate of 22.8417, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.9449 was up 0.27% compared to the 2023 peak of 23.8806, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to TWD 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 23.4732, compared to 23.3770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0963 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.9136 TWD (High: 23.7896 / Low: 22.8760). On the other end, January was the most stable month, with a tight range of 0.2717 TWD (High: 23.4006 / Low: 23.1289).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.2868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 23.7921) against the same month in 2023 (average: 23.5738), the exchange rate shifted by +0.2183 (+0.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.4006 | 23.1289 | 23.2458 |
| February | 23.4434 | 23.1428 | 23.2877 |
| March | 23.6433 | 23.2179 | 23.3967 |
| April | 23.8518 | 23.4479 | 23.6443 |
| May | 23.8078 | 23.4779 | 23.6301 |
| June | 23.8481 | 23.4578 | 23.6349 |
| July | 23.9449 | 23.6015 | 23.7921 |
| August | 23.7828 | 23.4207 | 23.5878 |
| September | 23.7632 | 23.3593 | 23.5843 |
| October | 23.7896 | 22.8760 | 23.3274 |
| November | 23.3830 | 22.8658 | 23.1284 |
| December | 23.2081 | 22.6057 | 22.8417 |