2024 TWD to BGN Historical Review

YEARLY HIGH

0.0583 BGN

YEARLY LOW

0.0546 BGN

YEARLY AVERAGE

0.0563 BGN

2024 TWD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0583. Conversely, the yearly low was recorded on August 5, dropping to 0.0546.

This high-to-low spread represents a total annual volatility of 0.0036 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0575 to the December average rate of 0.0573, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0583 was down 4.19% compared to the 2023 peak of 0.0608, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291 BGN

2023 Average 290 BGN

Yearly Trough Low 273 BGN

Transaction Impact: A difference of 18.22 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0579

0.0548

JanuMarcMayJulySeptNove

TWD to BGN 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 0.0567, compared to 0.0559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0567

H2 Avg (Jul–Dec) 0.0559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0015 BGN (High: 0.0567 / Low: 0.0551). On the other end, September was the most stable month, with a tight range of 0.0007 BGN (High: 0.0554 / Low: 0.0547).

October Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0577) against the same month in 2023 (average: 0.0604), the exchange rate shifted by -0.0027 (-4.52%).

2024 Avg (February) 0.0577

2023 Avg (February) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0579	0.0570	0.0575
February	0.0583	0.0570	0.0577
March	0.0572	0.0563	0.0568
April	0.0569	0.0560	0.0564
May	0.0564	0.0555	0.0560
June	0.0565	0.0555	0.0561
July	0.0560	0.0547	0.0552
August	0.0554	0.0546	0.0550
September	0.0554	0.0547	0.0551
October	0.0567	0.0551	0.0559
November	0.0576	0.0562	0.0569
December	0.0578	0.0569	0.0573