YEARLY HIGH
0.6375 MXN
YEARLY LOW
0.5088 MXN
YEARLY AVERAGE
0.5706 MXN

2024 TWD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.6375. Conversely, the yearly low was recorded on April 8, dropping to 0.5088.

This high-to-low spread represents a total annual volatility of 0.1287 MXN. From a start-to-finish perspective, comparing the January average rate of 0.5469 to the December average rate of 0.6218, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6375 was down 0.13% compared to the 2023 peak of 0.6383, 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 3,188 MXN
2023 Average 2,849 MXN
Yearly Trough Low 2,544 MXN
Transaction Impact: A difference of 643.36 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6393
0.5088
JanuMarcMayJulySeptNove

TWD to MXN 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 0.5369, compared to 0.6043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0674 points.

H1 Avg (Jan–Jun) 0.5369
H2 Avg (Jul–Dec) 0.6043

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0602 MXN (High: 0.5828 / Low: 0.5226). On the other end, February was the most stable month, with a tight range of 0.0085 MXN (High: 0.5475 / Low: 0.5391).

June Spread (Volatile) ±0.0602
February Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6284) against the same month in 2023 (average: 0.5448), the exchange rate shifted by +0.0836 (+15.35%).

2024 Avg (November) 0.6284
2023 Avg (November) 0.5448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5529 0.5415 0.5469
February 0.5475 0.5391 0.5438
March 0.5389 0.5178 0.5293
April 0.5288 0.5088 0.5197
May 0.5260 0.5138 0.5201
June 0.5828 0.5226 0.5615
July 0.5727 0.5412 0.5548
August 0.6227 0.5746 0.5943
September 0.6246 0.5984 0.6134
October 0.6318 0.5968 0.6131
November 0.6375 0.6180 0.6284
December 0.6371 0.6149 0.6218