YEARLY HIGH
0.5706 MDL
YEARLY LOW
0.5357 MDL
YEARLY AVERAGE
0.5525 MDL

2024 TWD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.5706. Conversely, the yearly low was recorded on July 19, dropping to 0.5357.

This high-to-low spread represents a total annual volatility of 0.0349 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5650 to the December average rate of 0.5623, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5706 was down 9.71% compared to the 2023 peak of 0.6320, 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 2,853 MDL
2023 Average 2,907 MDL
Yearly Trough Low 2,678 MDL
Transaction Impact: A difference of 174.36 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5689
0.5400
JanuMarcMayJulySeptNove

TWD to MDL 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 0.5551, compared to 0.5500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.5551
H2 Avg (Jul–Dec) 0.5500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0202 MDL (High: 0.5608 / Low: 0.5405). On the other end, December was the most stable month, with a tight range of 0.0079 MDL (High: 0.5671 / Low: 0.5592).

October Spread (Volatile) ±0.0202
December Spread (Stable) ±0.0079

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 March and April, when the average rate fell by 0.0092 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5664) against the same month in 2023 (average: 0.6201), the exchange rate shifted by -0.0536 (-8.65%).

2024 Avg (February) 0.5664
2023 Avg (February) 0.6201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5703 0.5583 0.5650
February 0.5706 0.5606 0.5664
March 0.5627 0.5503 0.5572
April 0.5522 0.5411 0.5480
May 0.5523 0.5422 0.5467
June 0.5513 0.5415 0.5470
July 0.5484 0.5357 0.5426
August 0.5489 0.5367 0.5424
September 0.5504 0.5386 0.5439
October 0.5608 0.5405 0.5509
November 0.5637 0.5493 0.5580
December 0.5671 0.5592 0.5623