2023 AZN to TWD Historical Review

YEARLY HIGH

19.1053 TWD

YEARLY LOW

17.4788 TWD

YEARLY AVERAGE

18.3184 TWD

2023 AZN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 19.1053. Conversely, the yearly low was recorded on February 2, dropping to 17.4788.

This high-to-low spread represents a total annual volatility of 1.6265 TWD. From a start-to-finish perspective, comparing the January average rate of 17.8771 to the December average rate of 18.3609, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.1053 was up 0.47% compared to the 2022 peak of 19.0153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,526 TWD

2022 Average 87,599 TWD

Yearly Trough Low 87,394 TWD

Transaction Impact: A difference of 8,132.36 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.1082

17.6903

JanuMarcMayJulySeptNove

AZN 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 17.9691, compared to 18.6678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6987 points.

H1 Avg (Jan–Jun) 17.9691

H2 Avg (Jul–Dec) 18.6678

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6464 TWD (High: 19.0540 / Low: 18.4076). On the other end, May was the most stable month, with a tight range of 0.1463 TWD (High: 18.1324 / Low: 17.9861).

November Spread (Volatile) ±0.6464

May Spread (Stable) ±0.1463

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3966 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3966

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 18.9901) against the same month in 2022 (average: 18.7930), the exchange rate shifted by +0.1971 (+1.05%).

2023 Avg (October) 18.9901

2022 Avg (October) 18.7930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0788	17.6741	17.8771
February	18.0476	17.4788	17.8085
March	18.1434	17.7877	17.9683
April	18.0945	17.8826	17.9762
May	18.1324	17.9861	18.0604
June	18.3131	17.9993	18.1240
July	18.4969	18.1438	18.3441
August	18.8188	18.5882	18.7164
September	18.9684	18.7498	18.8378
October	19.1053	18.8456	18.9901
November	19.0540	18.4076	18.7575
December	18.5476	18.0491	18.3609