2024 TWD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TWD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TWD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 93.0970. Conversely, the yearly low was recorded on July 27, dropping to 87.6668.
This high-to-low spread represents a total annual volatility of 5.4302 BIF. From a start-to-finish perspective, comparing the January average rate of 91.4845 to the December average rate of 90.4919, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 93.0970 was down 0.03% compared to the 2023 peak of 93.1260, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TWD to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 89.8398, compared to 89.9152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0754 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.9862 BIF (High: 90.7060 / Low: 87.7198). On the other end, June was the most stable month, with a tight range of 1.0288 BIF (High: 89.3822 / Low: 88.3533).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 91.4845) against the same month in 2023 (average: 68.0781), the exchange rate shifted by +23.4064 (+34.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.0970 | 90.4566 | 91.4845 |
| February | 91.5519 | 90.0408 | 91.0020 |
| March | 91.3033 | 89.1364 | 90.3042 |
| April | 89.6340 | 87.8250 | 88.5914 |
| May | 89.6286 | 88.1856 | 88.8607 |
| June | 89.3822 | 88.3533 | 88.7960 |
| July | 88.9103 | 87.6668 | 88.2237 |
| August | 90.7060 | 87.7198 | 89.3649 |
| September | 91.6288 | 89.7928 | 90.5727 |
| October | 91.7533 | 89.7999 | 90.5094 |
| November | 91.6321 | 88.8487 | 90.3288 |
| December | 91.4182 | 89.3257 | 90.4919 |