2024 TWD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |