YEARLY HIGH
0.0298 EUR
YEARLY LOW
0.0279 EUR
YEARLY AVERAGE
0.0288 EUR

2024 TWD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0298. Conversely, the yearly low was recorded on August 6, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0019 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0293, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0298 was down 4.13% compared to the 2023 peak of 0.0311, 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 149 EUR
2023 Average 148 EUR
Yearly Trough Low 140 EUR
Transaction Impact: A difference of 9.33 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0296
0.0280
JanuMarcMayJulySeptNove

TWD to EUR 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 0.0290, compared to 0.0286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0290
H2 Avg (Jul–Dec) 0.0286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0008 EUR (High: 0.0296 / Low: 0.0287). On the other end, September was the most stable month, with a tight range of 0.0004 EUR (High: 0.0283 / Low: 0.0280).

November Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0295) against the same month in 2023 (average: 0.0309), the exchange rate shifted by -0.0014 (-4.49%).

2024 Avg (February) 0.0295
2023 Avg (February) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0296 0.0291 0.0294
February 0.0298 0.0291 0.0295
March 0.0292 0.0288 0.0290
April 0.0291 0.0286 0.0288
May 0.0288 0.0284 0.0286
June 0.0289 0.0284 0.0287
July 0.0286 0.0280 0.0282
August 0.0283 0.0279 0.0281
September 0.0283 0.0280 0.0282
October 0.0290 0.0282 0.0286
November 0.0296 0.0287 0.0291
December 0.0296 0.0292 0.0293