YEARLY HIGH
0.6109 SZL
YEARLY LOW
0.5403 SZL
YEARLY AVERAGE
0.5710 SZL

2024 TWD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.6109. Conversely, the yearly low was recorded on September 25, dropping to 0.5403.

This high-to-low spread represents a total annual volatility of 0.0705 SZL. From a start-to-finish perspective, comparing the January average rate of 0.6022 to the December average rate of 0.5594, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6109 was down 5.49% compared to the 2023 peak of 0.6464, 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 3,054 SZL
2023 Average 2,961 SZL
Yearly Trough Low 2,702 SZL
Transaction Impact: A difference of 352.67 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6092
0.5416
JanuMarcMayJulySeptNove

TWD to SZL 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 0.5870, compared to 0.5549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.5870
H2 Avg (Jul–Dec) 0.5549

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0357 SZL (High: 0.5878 / Low: 0.5521). On the other end, January was the most stable month, with a tight range of 0.0121 SZL (High: 0.6097 / Low: 0.5976).

June Spread (Volatile) ±0.0357
January Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0132 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.6036) against the same month in 2023 (average: 0.5913), the exchange rate shifted by +0.0123 (+2.08%).

2024 Avg (February) 0.6036
2023 Avg (February) 0.5913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6097 0.5976 0.6022
February 0.6109 0.5926 0.6036
March 0.6063 0.5882 0.5947
April 0.5903 0.5728 0.5829
May 0.5747 0.5623 0.5697
June 0.5878 0.5521 0.5689
July 0.5665 0.5515 0.5586
August 0.5679 0.5509 0.5591
September 0.5602 0.5403 0.5514
October 0.5539 0.5406 0.5472
November 0.5617 0.5436 0.5536
December 0.5757 0.5438 0.5594