2024 MVR to TWD Historical Review

YEARLY HIGH

2.2387 TWD

YEARLY LOW

1.9924 TWD

YEARLY AVERAGE

2.0839 TWD

2024 MVR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.2387. Conversely, the yearly low was recorded on January 1, dropping to 1.9924.

This high-to-low spread represents a total annual volatility of 0.2463 TWD. From a start-to-finish perspective, comparing the January average rate of 2.0252 to the December average rate of 2.1141, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2387 was up 5.83% compared to the 2023 peak of 2.1153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,194 TWD

2023 Average 10,132 TWD

Yearly Trough Low 9,962 TWD

Transaction Impact: A difference of 1,231.32 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1290

2.0158

JanuMarcMayJulySeptNove

MVR 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 2.0685, compared to 2.0994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0309 points.

H1 Avg (Jan–Jun) 2.0685

H2 Avg (Jul–Dec) 2.0994

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1657 TWD (High: 2.2387 / Low: 2.0731). On the other end, October was the most stable month, with a tight range of 0.0281 TWD (High: 2.1048 / Low: 2.0767).

May Spread (Volatile) ±0.1657

October Spread (Stable) ±0.0281

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 0.0234 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.0943) against the same month in 2023 (average: 2.0008), the exchange rate shifted by +0.0935 (+4.67%).

2024 Avg (May) 2.0943

2023 Avg (May) 2.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0479	1.9924	2.0252
February	2.0560	2.0266	2.0414
March	2.0700	2.0219	2.0527
April	2.1128	2.0688	2.0932
May	2.2387	2.0731	2.0943
June	2.1303	2.0888	2.1042
July	2.1410	2.0962	2.1195
August	2.1350	2.0697	2.0961
September	2.0960	2.0566	2.0809
October	2.1048	2.0767	2.0904
November	2.1078	2.0660	2.0951
December	2.1318	2.0947	2.1141

2024 MVR నుండి TWD చారిత్రక సమీక్ష