2024 GMD to TWD Historical Review

YEARLY HIGH

0.4849 TWD

YEARLY LOW

0.4453 TWD

YEARLY AVERAGE

0.4666 TWD

2024 GMD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.4849. Conversely, the yearly low was recorded on November 5, dropping to 0.4453.

This high-to-low spread represents a total annual volatility of 0.0396 TWD. From a start-to-finish perspective, comparing the January average rate of 0.4635 to the December average rate of 0.4536, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4849 was down 8.53% compared to the 2023 peak of 0.5301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,425 TWD

2023 Average 2,503 TWD

Yearly Trough Low 2,226 TWD

Transaction Impact: A difference of 198.13 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4838

0.4509

JanuMarcMayJulySeptNove

GMD 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 0.4710, compared to 0.4623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.4710

H2 Avg (Jul–Dec) 0.4623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0251 TWD (High: 0.4744 / Low: 0.4492). On the other end, June was the most stable month, with a tight range of 0.0060 TWD (High: 0.4811 / Low: 0.4751).

August Spread (Volatile) ±0.0251

June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0194 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4811) against the same month in 2023 (average: 0.5229), the exchange rate shifted by -0.0418 (-8.00%).

2024 Avg (July) 0.4811

2023 Avg (July) 0.5229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4693	0.4557	0.4635
February	0.4701	0.4615	0.4649
March	0.4711	0.4616	0.4664
April	0.4814	0.4710	0.4764
May	0.4801	0.4727	0.4766
June	0.4811	0.4751	0.4780
July	0.4849	0.4689	0.4811
August	0.4744	0.4492	0.4616
September	0.4672	0.4521	0.4594
October	0.4768	0.4560	0.4633
November	0.4589	0.4453	0.4546
December	0.4591	0.4497	0.4536