2024 TOP to TWD Historical Review

YEARLY HIGH

13.8782 TWD

YEARLY LOW

13.1214 TWD

YEARLY AVERAGE

13.5495 TWD

2024 TOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 13.8782. Conversely, the yearly low was recorded on February 19, dropping to 13.1214.

This high-to-low spread represents a total annual volatility of 0.7567 TWD. From a start-to-finish perspective, comparing the January average rate of 13.2419 to the December average rate of 13.6037, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.8782 was up 2.59% compared to the 2023 peak of 13.5274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,391 TWD

2023 Average 65,927 TWD

Yearly Trough Low 65,607 TWD

Transaction Impact: A difference of 3,783.74 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.8450

13.1871

JanuMarcMayJulySeptNove

TOP 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 13.4710, compared to 13.6280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1569 points.

H1 Avg (Jan–Jun) 13.4710

H2 Avg (Jul–Dec) 13.6280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.4122 TWD (High: 13.7850 / Low: 13.3728). On the other end, June was the most stable month, with a tight range of 0.1694 TWD (High: 13.8067 / Low: 13.6372).

October Spread (Volatile) ±0.4122

June Spread (Stable) ±0.1694

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 0.1550 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 13.7902) against the same month in 2023 (average: 13.2822), the exchange rate shifted by +0.5080 (+3.82%).

2024 Avg (July) 13.7902

2023 Avg (July) 13.2822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3812	13.1654	13.2419
February	13.4018	13.1214	13.2724
March	13.5359	13.2800	13.3766
April	13.7029	13.4209	13.5667
May	13.7540	13.5214	13.6374
June	13.8067	13.6372	13.7313
July	13.8782	13.6604	13.7902
August	13.7621	13.5008	13.6352
September	13.7186	13.5229	13.6267
October	13.7850	13.3728	13.5863
November	13.6014	13.3779	13.5258
December	13.7100	13.4882	13.6037