2023 BMD to TWD Historical Review

YEARLY HIGH

32.4790 TWD

YEARLY LOW

29.7140 TWD

YEARLY AVERAGE

31.1429 TWD

2023 BMD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 32.4790. Conversely, the yearly low was recorded on February 2, dropping to 29.7140.

This high-to-low spread represents a total annual volatility of 2.7650 TWD. From a start-to-finish perspective, comparing the January average rate of 30.3914 to the December average rate of 31.2135, 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 32.4790 was up 0.47% compared to the 2022 peak of 32.3260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,395 TWD

2022 Average 148,918 TWD

Yearly Trough Low 148,570 TWD

Transaction Impact: A difference of 13,825.01 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.4840

30.0735

JanuMarcMayJulySeptNove

BMD 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 30.5490, compared to 31.7368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1878 points.

H1 Avg (Jan–Jun) 30.5490

H2 Avg (Jul–Dec) 31.7368

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0988 TWD (High: 32.3918 / Low: 31.2930). On the other end, May was the most stable month, with a tight range of 0.2487 TWD (High: 30.8250 / Low: 30.5763).

November Spread (Volatile) ±1.0988

May Spread (Stable) ±0.2487

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 0.6809 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.6809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 32.2831) against the same month in 2022 (average: 31.9481), the exchange rate shifted by +0.3350 (+1.05%).

2023 Avg (October) 32.2831

2022 Avg (October) 31.9481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7339	30.0460	30.3914
February	30.6810	29.7140	30.2744
March	30.8437	30.3349	30.5523
April	30.7607	30.4004	30.5595
May	30.8250	30.5763	30.7026
June	31.1613	30.5988	30.8141
July	31.4448	30.8445	31.1881
August	31.9919	31.6000	31.8178
September	32.2462	31.8747	32.0242
October	32.4790	32.0375	32.2831
November	32.3918	31.2930	31.8944
December	31.5310	30.6836	31.2135