2020 CDF to TWD Historical Review

YEARLY HIGH

0.0190 TWD

YEARLY LOW

0.0142 TWD

YEARLY AVERAGE

0.0160 TWD

2020 CDF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0190. Conversely, the yearly low was recorded on December 27, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0048 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0145, the exchange rate registered a net change of -18.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0190 was down 1.78% compared to the 2019 peak of 0.0193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 TWD

2019 Average 93 TWD

Yearly Trough Low 71 TWD

Transaction Impact: A difference of 24.00 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0182

0.0141

JanuMarcMayJulySeptNove

CDF 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 0.0172, compared to 0.0148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0172

H2 Avg (Jul–Dec) 0.0148

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0048 TWD (High: 0.0190 / Low: 0.0142). On the other end, November was the most stable month, with a tight range of 0.0001 TWD (High: 0.0146 / Low: 0.0145).

December Spread (Volatile) ±0.0048

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0145) against the same month in 2019 (average: 0.0180), the exchange rate shifted by -0.0036 (-19.79%).

2020 Avg (December) 0.0145

2019 Avg (December) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0177	0.0178
February	0.0180	0.0177	0.0178
March	0.0178	0.0175	0.0177
April	0.0177	0.0172	0.0175
May	0.0173	0.0164	0.0168
June	0.0164	0.0153	0.0158
July	0.0154	0.0149	0.0151
August	0.0150	0.0148	0.0150
September	0.0150	0.0147	0.0149
October	0.0159	0.0144	0.0147
November	0.0146	0.0145	0.0145
December	0.0190	0.0142	0.0145