YEARLY HIGH
4.9640 JPY
YEARLY LOW
4.4047 JPY
YEARLY AVERAGE
4.7188 JPY

2024 TWD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 4.9640. Conversely, the yearly low was recorded on September 12, dropping to 4.4047.

This high-to-low spread represents a total annual volatility of 0.5594 JPY. From a start-to-finish perspective, comparing the January average rate of 4.6861 to the December average rate of 4.7285, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.9640 was up 4.73% compared to the 2023 peak of 4.7400, 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 24,820 JPY
2023 Average 22,546 JPY
Yearly Trough Low 22,023 JPY
Transaction Impact: A difference of 2,796.78 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.9212
4.4371
JanuMarcMayJulySeptNove

TWD to JPY 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 4.7732, compared to 4.6644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1088 points.

H1 Avg (Jan–Jun) 4.7732
H2 Avg (Jul–Dec) 4.6644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3681 JPY (High: 4.9640 / Low: 4.5960). On the other end, March was the most stable month, with a tight range of 0.1008 JPY (High: 4.7727 / Low: 4.6719).

July Spread (Volatile) ±0.3681
March Spread (Stable) ±0.1008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2926 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 4.8287) against the same month in 2023 (average: 4.5262), the exchange rate shifted by +0.3024 (+6.68%).

2024 Avg (July) 4.8287
2023 Avg (July) 4.5262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7389 4.5990 4.6861
February 4.8011 4.6867 4.7610
March 4.7727 4.6719 4.7271
April 4.8567 4.7182 4.7621
May 4.8845 4.7329 4.8220
June 4.9487 4.7959 4.8809
July 4.9640 4.5960 4.8287
August 4.5978 4.4138 4.5361
September 4.5751 4.4047 4.4775
October 4.8014 4.5043 4.6709
November 4.8057 4.6144 4.7445
December 4.8300 4.5866 4.7285