2024 TWD to MVR Historical Review

YEARLY HIGH

0.5019 MVR

YEARLY LOW

0.4467 MVR

YEARLY AVERAGE

0.4800 MVR

2024 TWD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5019. Conversely, the yearly low was recorded on May 2, dropping to 0.4467.

This high-to-low spread represents a total annual volatility of 0.0552 MVR. From a start-to-finish perspective, comparing the January average rate of 0.4938 to the December average rate of 0.4730, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5019 was down 2.89% compared to the 2023 peak of 0.5168, 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 2,509 MVR

2023 Average 2,469 MVR

Yearly Trough Low 2,233 MVR

Transaction Impact: A difference of 276.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4960

0.4696

JanuMarcMayJulySeptNove

TWD to MVR 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 0.4836, compared to 0.4764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.4836

H2 Avg (Jul–Dec) 0.4764

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0357 MVR (High: 0.4824 / Low: 0.4467). On the other end, October was the most stable month, with a tight range of 0.0064 MVR (High: 0.4815 / Low: 0.4751).

May Spread (Volatile) ±0.0357

October Spread (Stable) ±0.0064

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 0.0094 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4938) against the same month in 2023 (average: 0.5062), the exchange rate shifted by -0.0124 (-2.46%).

2024 Avg (January) 0.4938

2023 Avg (January) 0.5062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5019	0.4883	0.4938
February	0.4934	0.4864	0.4899
March	0.4946	0.4831	0.4872
April	0.4834	0.4733	0.4778
May	0.4824	0.4467	0.4776
June	0.4787	0.4694	0.4753
July	0.4770	0.4671	0.4718
August	0.4832	0.4684	0.4771
September	0.4862	0.4771	0.4806
October	0.4815	0.4751	0.4784
November	0.4840	0.4744	0.4773
December	0.4774	0.4691	0.4730