YEARLY HIGH
0.0131 TWD
YEARLY LOW
0.0025 TWD
YEARLY AVERAGE
0.0125 TWD

2024 SYP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0131. Conversely, the yearly low was recorded on December 21, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0106 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0092, the exchange rate registered a net change of -25.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0131 was up 1.19% compared to the 2023 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 TWD
2023 Average 62 TWD
Yearly Trough Low 13 TWD
Transaction Impact: A difference of 52.85 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0134
0.0089
JanuMarcMayJulySeptNove

SYP 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 0.0127, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0127
H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0105 TWD (High: 0.0130 / Low: 0.0025). On the other end, June was the most stable month, with a tight range of 0.0002 TWD (High: 0.0130 / Low: 0.0128).

December Spread (Volatile) ±0.0105
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0130) against the same month in 2023 (average: 0.0124), the exchange rate shifted by +0.0006 (+4.63%).

2024 Avg (July) 0.0130
2023 Avg (July) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0122 0.0124
February 0.0126 0.0124 0.0125
March 0.0127 0.0125 0.0126
April 0.0130 0.0127 0.0129
May 0.0129 0.0127 0.0129
June 0.0130 0.0128 0.0129
July 0.0131 0.0129 0.0130
August 0.0131 0.0126 0.0128
September 0.0128 0.0126 0.0127
October 0.0129 0.0127 0.0128
November 0.0130 0.0127 0.0129
December 0.0130 0.0025 0.0092