2024 TWD to ZAR Historical Review

YEARLY HIGH

0.6121 ZAR

YEARLY LOW

0.5387 ZAR

YEARLY AVERAGE

0.5714 ZAR

2024 TWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.6121. Conversely, the yearly low was recorded on October 4, dropping to 0.5387.

This high-to-low spread represents a total annual volatility of 0.0734 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6012 to the December average rate of 0.5600, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6121 was down 4.95% compared to the 2023 peak of 0.6439, 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 3,060 ZAR

2023 Average 2,962 ZAR

Yearly Trough Low 2,693 ZAR

Transaction Impact: A difference of 366.87 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6110

0.5417

JanuMarcMayJulySeptNove

TWD to ZAR 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 0.5873, compared to 0.5554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 0.5873

H2 Avg (Jul–Dec) 0.5554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0349 ZAR (High: 0.5884 / Low: 0.5536). On the other end, February was the most stable month, with a tight range of 0.0160 ZAR (High: 0.6105 / Low: 0.5946).

June Spread (Volatile) ±0.0349

February Spread (Stable) ±0.0160

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 0.0138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6012) against the same month in 2023 (average: 0.5619), the exchange rate shifted by +0.0392 (+6.98%).

2024 Avg (January) 0.6012

2023 Avg (January) 0.5619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6121	0.5885	0.6012
February	0.6105	0.5946	0.6053
March	0.6044	0.5867	0.5952
April	0.5930	0.5741	0.5839
May	0.5787	0.5601	0.5700
June	0.5884	0.5536	0.5683
July	0.5709	0.5519	0.5586
August	0.5772	0.5543	0.5604
September	0.5595	0.5398	0.5506
October	0.5558	0.5387	0.5475
November	0.5646	0.5399	0.5553
December	0.5770	0.5447	0.5600