YEARLY HIGH
19.5320 XAF
YEARLY LOW
18.3080 XAF
YEARLY AVERAGE
18.8918 XAF

2024 TWD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 19.5320. Conversely, the yearly low was recorded on August 6, dropping to 18.3080.

This high-to-low spread represents a total annual volatility of 1.2240 XAF. From a start-to-finish perspective, comparing the January average rate of 19.2762 to the December average rate of 19.2298, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.5320 was down 4.13% compared to the 2023 peak of 20.3726, 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 97,660 XAF
2023 Average 97,343 XAF
Yearly Trough Low 91,540 XAF
Transaction Impact: A difference of 6,120.06 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4250
18.3711
JanuMarcMayJulySeptNove

TWD to XAF 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 19.0291, compared to 18.7546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2745 points.

H1 Avg (Jan–Jun) 19.0291
H2 Avg (Jul–Dec) 18.7546

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5411 XAF (High: 19.3845 / Low: 18.8434). On the other end, September was the most stable month, with a tight range of 0.2377 XAF (High: 18.5911 / Low: 18.3534).

November Spread (Volatile) ±0.5411
September Spread (Stable) ±0.2377

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2962 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 19.3371) against the same month in 2023 (average: 20.2467), the exchange rate shifted by -0.9096 (-4.49%).

2024 Avg (February) 19.3371
2023 Avg (February) 20.2467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4218 19.0945 19.2762
February 19.5320 19.1143 19.3371
March 19.1703 18.8773 19.0465
April 19.0940 18.7806 18.9152
May 18.8904 18.6010 18.7828
June 18.9554 18.6022 18.8166
July 18.7772 18.3513 18.5204
August 18.5793 18.3080 18.4589
September 18.5911 18.3534 18.4779
October 19.0075 18.5003 18.7552
November 19.3845 18.8434 19.0854
December 19.3896 19.1380 19.2298