2024 TWD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TWD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TWD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 281.0148. Conversely, the yearly low was recorded on July 27, dropping to 262.2492.
This high-to-low spread represents a total annual volatility of 18.7655 GNF. From a start-to-finish perspective, comparing the January average rate of 275.5694 to the December average rate of 264.9556, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 281.0148 was down 3.96% compared to the 2023 peak of 292.6009, 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 GNF 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 269.6455, compared to 267.0730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5725 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 9.1391 GNF (High: 281.0148 / Low: 271.8757). On the other end, June was the most stable month, with a tight range of 3.3718 GNF (High: 267.3766 / Low: 264.0047).
Growth Streaks & Declines
TrendsBetween 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 5.6508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 275.5694) against the same month in 2023 (average: 285.1714), the exchange rate shifted by -9.6020 (-3.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 281.0148 | 271.8757 | 275.5694 |
| February | 275.8254 | 271.5323 | 273.7415 |
| March | 273.9355 | 267.7582 | 271.2545 |
| April | 268.7025 | 263.5231 | 265.6037 |
| May | 268.2703 | 264.2587 | 266.0785 |
| June | 267.3766 | 264.0047 | 265.6256 |
| July | 265.8246 | 262.2492 | 263.8279 |
| August | 271.2999 | 262.4696 | 267.3466 |
| September | 273.2902 | 268.7467 | 270.4236 |
| October | 271.8333 | 267.7421 | 269.1186 |
| November | 270.9915 | 264.4739 | 266.7655 |
| December | 267.0133 | 263.3018 | 264.9556 |