YEARLY HIGH
0.0442 CAD
YEARLY LOW
0.0418 CAD
YEARLY AVERAGE
0.0427 CAD

2024 TWD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0442. Conversely, the yearly low was recorded on July 3, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0025 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0430 to the December average rate of 0.0438, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0442 was down 2.78% compared to the 2023 peak of 0.0455, 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 221 CAD
2023 Average 217 CAD
Yearly Trough Low 209 CAD
Transaction Impact: A difference of 12.37 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0440
0.0419
JanuMarcMayJulySeptNove

TWD to CAD 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 0.0426, compared to 0.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0426
H2 Avg (Jul–Dec) 0.0428

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0017 CAD (High: 0.0437 / Low: 0.0420). On the other end, January was the most stable month, with a tight range of 0.0005 CAD (High: 0.0432 / Low: 0.0427).

October Spread (Volatile) ±0.0017
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0438) against the same month in 2023 (average: 0.0430), the exchange rate shifted by +0.0008 (+1.90%).

2024 Avg (December) 0.0438
2023 Avg (December) 0.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0432 0.0427 0.0430
February 0.0432 0.0427 0.0429
March 0.0431 0.0423 0.0427
April 0.0426 0.0419 0.0423
May 0.0426 0.0420 0.0423
June 0.0426 0.0419 0.0423
July 0.0424 0.0418 0.0420
August 0.0427 0.0420 0.0424
September 0.0428 0.0421 0.0424
October 0.0437 0.0420 0.0429
November 0.0437 0.0428 0.0432
December 0.0442 0.0431 0.0438