2024 CVE to TWD Historical Review

YEARLY HIGH

0.3246 TWD

YEARLY LOW

0.3035 TWD

YEARLY AVERAGE

0.3147 TWD

2024 CVE to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.3246. Conversely, the yearly low was recorded on February 6, dropping to 0.3035.

This high-to-low spread represents a total annual volatility of 0.0211 TWD. From a start-to-finish perspective, comparing the January average rate of 0.3084 to the December average rate of 0.3095, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3246 was up 2.02% compared to the 2023 peak of 0.3181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,623 TWD

2023 Average 1,526 TWD

Yearly Trough Low 1,517 TWD

Transaction Impact: A difference of 105.34 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3229

0.3059

JanuMarcMayJulySeptNove

CVE 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 0.3124, compared to 0.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.3124

H2 Avg (Jul–Dec) 0.3170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0123 TWD (High: 0.3192 / Low: 0.3069). On the other end, December was the most stable month, with a tight range of 0.0041 TWD (High: 0.3112 / Low: 0.3071).

November Spread (Volatile) ±0.0123

December Spread (Stable) ±0.0041

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 0.0052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3213) against the same month in 2023 (average: 0.3147), the exchange rate shifted by +0.0066 (+2.11%).

2024 Avg (August) 0.3213

2023 Avg (August) 0.3147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3114	0.3049	0.3084
February	0.3112	0.3035	0.3073
March	0.3155	0.3088	0.3120
April	0.3174	0.3119	0.3149
May	0.3183	0.3116	0.3161
June	0.3198	0.3129	0.3159
July	0.3241	0.3157	0.3209
August	0.3246	0.3179	0.3213
September	0.3242	0.3183	0.3215
October	0.3216	0.3128	0.3169
November	0.3192	0.3069	0.3117
December	0.3112	0.3071	0.3095