YEARLY HIGH
0.0889 GEL
YEARLY LOW
0.0818 GEL
YEARLY AVERAGE
0.0847 GEL

2024 TWD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0889. Conversely, the yearly low was recorded on April 16, dropping to 0.0818.

This high-to-low spread represents a total annual volatility of 0.0070 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0858 to the December average rate of 0.0864, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0889 was up 0.24% compared to the 2023 peak of 0.0886, 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 444 GEL
2023 Average 421 GEL
Yearly Trough Low 409 GEL
Transaction Impact: A difference of 35.19 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0874
0.0823
JanuMarcMayJulySeptNove

TWD to GEL 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 0.0847, compared to 0.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0847
H2 Avg (Jul–Dec) 0.0847

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0060 GEL (High: 0.0882 / Low: 0.0822). On the other end, February was the most stable month, with a tight range of 0.0015 GEL (High: 0.0853 / Low: 0.0838).

May Spread (Volatile) ±0.0060
February Spread (Stable) ±0.0015

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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0870) against the same month in 2023 (average: 0.0847), the exchange rate shifted by +0.0023 (+2.68%).

2024 Avg (June) 0.0870
2023 Avg (June) 0.0847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0875 0.0841 0.0858
February 0.0853 0.0838 0.0844
March 0.0855 0.0839 0.0844
April 0.0841 0.0818 0.0827
May 0.0882 0.0822 0.0839
June 0.0889 0.0857 0.0870
July 0.0861 0.0823 0.0838
August 0.0848 0.0824 0.0836
September 0.0861 0.0838 0.0846
October 0.0861 0.0844 0.0850
November 0.0867 0.0837 0.0845
December 0.0883 0.0853 0.0864