2023 BAM to TWD Historical Review

YEARLY HIGH

17.9493 TWD

YEARLY LOW

16.3916 TWD

YEARLY AVERAGE

17.2260 TWD

2023 BAM to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 17.9493. Conversely, the yearly low was recorded on January 8, dropping to 16.3916.

This high-to-low spread represents a total annual volatility of 1.5576 TWD. From a start-to-finish perspective, comparing the January average rate of 16.7212 to the December average rate of 17.4197, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.9493 was up 6.97% compared to the 2022 peak of 16.7805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,746 TWD

2022 Average 80,093 TWD

Yearly Trough Low 81,958 TWD

Transaction Impact: A difference of 7,788.19 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.8720

16.4649

JanuMarcMayJulySeptNove

BAM 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 16.8870, compared to 17.5649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6779 points.

H1 Avg (Jan–Jun) 16.8870

H2 Avg (Jul–Dec) 17.5649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6880 TWD (High: 17.4472 / Low: 16.7592). On the other end, November was the most stable month, with a tight range of 0.2870 TWD (High: 17.7569 / Low: 17.4699).

June Spread (Volatile) ±0.6880

November Spread (Stable) ±0.2870

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.2434 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.6343) against the same month in 2022 (average: 15.5726), the exchange rate shifted by +2.0617 (+13.24%).

2023 Avg (July) 17.6343

2022 Avg (July) 15.5726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8503	16.3916	16.7212
February	16.7543	16.4492	16.5821
March	17.0090	16.5549	16.7223
April	17.5056	16.9433	17.1478
May	17.3342	16.7794	17.0744
June	17.4472	16.7592	17.0743
July	17.9493	17.3119	17.6343
August	17.9357	17.5693	17.7547
September	17.6780	17.2824	17.5113
October	17.6661	17.3077	17.4449
November	17.7569	17.4699	17.6245
December	17.5736	17.1854	17.4197