2020 TWD to TOP Historical Review

YEARLY HIGH

0.0819 TOP

YEARLY LOW

0.0757 TOP

YEARLY AVERAGE

0.0782 TOP

2020 TWD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0819. Conversely, the yearly low was recorded on June 9, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0062 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0765 to the December average rate of 0.0810, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0819 was up 6.86% compared to the 2019 peak of 0.0766, 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 409 TOP

2019 Average 371 TOP

Yearly Trough Low 378 TOP

Transaction Impact: A difference of 31.04 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0815

0.0761

JanuMarcMayJulySeptNove

TWD to TOP 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 0.0771, compared to 0.0793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0771

H2 Avg (Jul–Dec) 0.0793

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.0027 TOP (High: 0.0799 / Low: 0.0772). On the other end, July was the most stable month, with a tight range of 0.0007 TOP (High: 0.0778 / Low: 0.0771).

September Spread (Volatile) ±0.0027

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0806) against the same month in 2019 (average: 0.0758), the exchange rate shifted by +0.0048 (+6.30%).

2020 Avg (October) 0.0806

2019 Avg (October) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0769	0.0760	0.0765
February	0.0774	0.0762	0.0768
March	0.0795	0.0769	0.0780
April	0.0782	0.0770	0.0777
May	0.0777	0.0763	0.0771
June	0.0780	0.0757	0.0766
July	0.0778	0.0771	0.0775
August	0.0781	0.0772	0.0777
September	0.0799	0.0772	0.0782
October	0.0819	0.0796	0.0806
November	0.0814	0.0802	0.0806
December	0.0816	0.0803	0.0810