2023 AFN to TWD Historical Review

YEARLY HIGH

0.4620 TWD

YEARLY LOW

0.3305 TWD

YEARLY AVERAGE

0.3797 TWD

2023 AFN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.4620. Conversely, the yearly low was recorded on February 1, dropping to 0.3305.

This high-to-low spread represents a total annual volatility of 0.1315 TWD. From a start-to-finish perspective, comparing the January average rate of 0.3420 to the December average rate of 0.4463, the exchange rate registered a net change of 30.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4620 was up 22.20% compared to the 2022 peak of 0.3781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 2,310 TWD

2022 Average 1,661 TWD

Yearly Trough Low 1,652 TWD

Transaction Impact: A difference of 657.55 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4574

0.3268

JanuMarcMayJulySeptNove

AFN to TWD 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 0.3479, compared to 0.4114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0634 points.

H1 Avg (Jan–Jun) 0.3479

H2 Avg (Jul–Dec) 0.4114

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0444 TWD (High: 0.4357 / Low: 0.3913). On the other end, May was the most stable month, with a tight range of 0.0112 TWD (High: 0.3568 / Low: 0.3457).

September Spread (Volatile) ±0.0444

May Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between May and November, 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 January and February, when the average rate fell by 0.0043 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4465) against the same month in 2022 (average: 0.3565), the exchange rate shifted by +0.0900 (+25.24%).

2023 Avg (November) 0.4465

2022 Avg (November) 0.3565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3502	0.3372	0.3420
February	0.3488	0.3305	0.3377
March	0.3569	0.3409	0.3488
April	0.3586	0.3330	0.3528
May	0.3568	0.3457	0.3510
June	0.3642	0.3504	0.3554
July	0.3682	0.3545	0.3601
August	0.3919	0.3648	0.3769
September	0.4357	0.3913	0.4111
October	0.4400	0.4123	0.4275
November	0.4620	0.4325	0.4465
December	0.4546	0.4336	0.4463