2024 TWD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TWD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TWD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 398.4555. Conversely, the yearly low was recorded on July 29, dropping to 76.4517.
This high-to-low spread represents a total annual volatility of 322.0038 SYP. From a start-to-finish perspective, comparing the January average rate of 80.5554 to the December average rate of 190.8359, the exchange rate registered a net change of 136.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 398.4555 was up 371.23% compared to the 2023 peak of 84.5571, 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 SYP 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 78.8094, compared to 96.7320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.9225 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 321.6032 SYP (High: 398.4555 / Low: 76.8522). On the other end, June was the most stable month, with a tight range of 0.9768 SYP (High: 78.0568 / Low: 77.0800).
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 1.6313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 190.8359) against the same month in 2023 (average: 80.5006), the exchange rate shifted by +110.3354 (+137.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.8851 | 79.6150 | 80.5554 |
| February | 80.4782 | 79.3525 | 79.9517 |
| March | 80.0781 | 78.5097 | 79.3102 |
| April | 78.5627 | 76.9716 | 77.6789 |
| May | 78.4462 | 77.2494 | 77.7962 |
| June | 78.0568 | 77.0800 | 77.5641 |
| July | 77.5281 | 76.4517 | 76.9994 |
| August | 79.0862 | 76.6179 | 77.9467 |
| September | 79.5356 | 78.0944 | 78.6348 |
| October | 78.8175 | 77.7656 | 78.2811 |
| November | 78.9178 | 77.1105 | 77.6939 |
| December | 398.4555 | 76.8522 | 190.8359 |