2021 GIP to TWD Historical Review

YEARLY HIGH

39.6969 TWD

YEARLY LOW

36.5181 TWD

YEARLY AVERAGE

38.4033 TWD

2021 GIP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GIP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 39.6969. Conversely, the yearly low was recorded on December 8, dropping to 36.5181.

This high-to-low spread represents a total annual volatility of 3.1788 TWD. From a start-to-finish perspective, comparing the January average rate of 38.1907 to the December average rate of 36.8800, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 39.6969 was down 0.98% compared to the 2020 peak of 40.0905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 198,485 TWD

2020 Average 188,905 TWD

Yearly Trough Low 182,591 TWD

Transaction Impact: A difference of 15,893.91 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

39.4576

36.6457

JanuMarcMayJulySeptNove

GIP 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 38.8753, compared to 37.9313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9440 points.

H1 Avg (Jan–Jun) 38.8753

H2 Avg (Jul–Dec) 37.9313

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.3899 TWD (High: 38.0757 / Low: 36.6858). On the other end, January was the most stable month, with a tight range of 0.5157 TWD (High: 38.4009 / Low: 37.8851).

November Spread (Volatile) ±1.3899

January Spread (Stable) ±0.5157

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 39.2232) against the same month in 2020 (average: 36.8174), the exchange rate shifted by +2.4058 (+6.53%).

2021 Avg (May) 39.2232

2020 Avg (May) 36.8174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.4009	37.8851	38.1907
February	39.3796	38.0446	38.7496
March	39.5560	38.5987	39.1398
April	39.5148	38.4949	39.0702
May	39.6969	38.4964	39.2232
June	39.2215	38.3605	38.8784
July	38.9235	38.1928	38.6490
August	38.8241	37.9346	38.4296
September	38.2983	37.3666	38.0635
October	38.5046	37.6145	38.1887
November	38.0757	36.6858	37.3772
December	37.5054	36.5181	36.8800