YEARLY HIGH
35.8290 TWD
YEARLY LOW
33.5837 TWD
YEARLY AVERAGE
34.7313 TWD

2024 EUR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 35.8290. Conversely, the yearly low was recorded on February 6, dropping to 33.5837.

This high-to-low spread represents a total annual volatility of 2.2453 TWD. From a start-to-finish perspective, comparing the January average rate of 34.0301 to the December average rate of 34.1118, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.8290 was up 2.48% compared to the 2023 peak of 34.9606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,145 TWD
2023 Average 168,556 TWD
Yearly Trough Low 167,918 TWD
Transaction Impact: A difference of 11,226.40 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.6977
33.7621
JanuMarcMayJulySeptNove

EUR 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 34.4765, compared to 34.9861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5096 points.

H1 Avg (Jan–Jun) 34.4765
H2 Avg (Jul–Dec) 34.9861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9718 TWD (High: 34.8110 / Low: 33.8392). On the other end, December was the most stable month, with a tight range of 0.4447 TWD (High: 34.2751 / Low: 33.8303).

November Spread (Volatile) ±0.9718
December Spread (Stable) ±0.4447

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 0.6059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 35.5364) against the same month in 2023 (average: 34.7132), the exchange rate shifted by +0.8233 (+2.37%).

2024 Avg (August) 35.5364
2023 Avg (August) 34.7132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.3532 33.7742 34.0301
February 34.3175 33.5837 33.9234
March 34.7484 34.2174 34.4403
April 34.9274 34.3540 34.6797
May 35.2646 34.7244 34.9237
June 35.2623 34.6053 34.8617
July 35.7444 34.9337 35.4195
August 35.8290 35.3058 35.5364
September 35.7403 35.2833 35.4999
October 35.4565 34.5105 34.9774
November 34.8110 33.8392 34.3715
December 34.2751 33.8303 34.1118