YEARLY HIGH
16.9806 CRC
YEARLY LOW
15.3686 CRC
YEARLY AVERAGE
16.0659 CRC

2024 TWD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16.9806. Conversely, the yearly low was recorded on April 24, dropping to 15.3686.

This high-to-low spread represents a total annual volatility of 1.6120 CRC. From a start-to-finish perspective, comparing the January average rate of 16.5753 to the December average rate of 15.5289, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.9806 was down 12.27% compared to the 2023 peak of 19.3556, 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 84,903 CRC
2023 Average 87,002 CRC
Yearly Trough Low 76,843 CRC
Transaction Impact: A difference of 8,060.22 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.6799
15.4242
JanuMarcMayJulySeptNove

TWD to CRC 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 16.1196, compared to 16.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1074 points.

H1 Avg (Jan–Jun) 16.1196
H2 Avg (Jul–Dec) 16.0122

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6450 CRC (High: 16.5542 / Low: 15.9092). On the other end, October was the most stable month, with a tight range of 0.2405 CRC (High: 16.2299 / Low: 15.9894).

August Spread (Volatile) ±0.6450
October Spread (Stable) ±0.2405

Growth Streaks & Declines

Trends

Between April and June, 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 0.4686 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 16.5753) against the same month in 2023 (average: 18.9101), the exchange rate shifted by -2.3349 (-12.35%).

2024 Avg (January) 16.5753
2023 Avg (January) 18.9101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.9806 16.3404 16.5753
February 16.5652 16.1941 16.4118
March 16.3139 15.7128 16.0525
April 15.8940 15.3686 15.5839
May 16.0916 15.6872 15.8717
June 16.4557 16.0300 16.2225
July 16.4624 15.9884 16.1380
August 16.5542 15.9092 16.2762
September 16.4280 16.1071 16.2579
October 16.2299 15.9894 16.0851
November 16.0849 15.6196 15.7874
December 15.7078 15.3951 15.5289