2024 TWD to GMD Historical Review

YEARLY HIGH

2.2458 GMD

YEARLY LOW

2.0623 GMD

YEARLY AVERAGE

2.1440 GMD

2024 TWD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.2458. Conversely, the yearly low was recorded on July 29, dropping to 2.0623.

This high-to-low spread represents a total annual volatility of 0.1835 GMD. From a start-to-finish perspective, comparing the January average rate of 2.1575 to the December average rate of 2.2046, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2458 was up 2.35% compared to the 2023 peak of 2.1942, 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 11,229 GMD

2023 Average 10,001 GMD

Yearly Trough Low 10,311 GMD

Transaction Impact: A difference of 917.63 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2171

2.0661

JanuMarcMayJulySeptNove

TWD to GMD 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 2.1237, compared to 2.1643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 2.1237

H2 Avg (Jul–Dec) 2.1643

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1180 GMD (High: 2.2261 / Low: 2.1081). On the other end, June was the most stable month, with a tight range of 0.0263 GMD (High: 2.1048 / Low: 2.0785).

August Spread (Volatile) ±0.1180

June Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between July and September, 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 0.0452 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.2002) against the same month in 2023 (average: 2.0978), the exchange rate shifted by +0.1024 (+4.88%).

2024 Avg (November) 2.2002

2023 Avg (November) 2.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1945	2.1310	2.1575
February	2.1669	2.1272	2.1512
March	2.1665	2.1225	2.1443
April	2.1231	2.0772	2.0991
May	2.1153	2.0830	2.0984
June	2.1048	2.0785	2.0919
July	2.1326	2.0623	2.0787
August	2.2261	2.1081	2.1667
September	2.2118	2.1406	2.1772
October	2.1931	2.0974	2.1586
November	2.2458	2.1790	2.2002
December	2.2238	2.1780	2.2046