YEARLY HIGH
40.0905 TWD
YEARLY LOW
34.8647 TWD
YEARLY AVERAGE
37.7850 TWD

2020 FKP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 40.0905. Conversely, the yearly low was recorded on March 19, dropping to 34.8647.

This high-to-low spread represents a total annual volatility of 5.2258 TWD. From a start-to-finish perspective, comparing the January average rate of 39.2446 to the December average rate of 37.9033, the exchange rate registered a net change of -3.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 40.0905 was down 2.43% compared to the 2019 peak of 41.0904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200,452 TWD
2019 Average 197,202 TWD
Yearly Trough Low 174,324 TWD
Transaction Impact: A difference of 26,128.85 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

39.4873
36.5747
JanuMarcMayJulySeptNove

FKP 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 37.8110, compared to 37.7590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0520 points.

H1 Avg (Jan–Jun) 37.8110
H2 Avg (Jul–Dec) 37.7590

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.3556 TWD (High: 39.2203 / Low: 34.8647). On the other end, August was the most stable month, with a tight range of 0.9564 TWD (High: 39.1942 / Low: 38.2378).

March Spread (Volatile) ±4.3556
August Spread (Stable) ±0.9564

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 1.8673 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 39.2446) against the same month in 2019 (average: 39.7449), the exchange rate shifted by -0.5002 (-1.26%).

2020 Avg (January) 39.2446
2019 Avg (January) 39.7449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.0905 38.8157 39.2446
February 40.0905 38.6427 39.1242
March 39.2203 34.8647 37.2568
April 37.9555 36.9718 37.3282
May 37.3910 36.2174 36.8174
June 37.8110 36.2427 37.0949
July 38.4242 36.7047 37.2762
August 39.1942 38.2378 38.5807
September 39.2869 37.0143 37.8248
October 37.6609 36.6995 37.2490
November 38.1334 36.9284 37.7201
December 38.4145 37.2734 37.9033