2023 BWP to TWD Historical Review

YEARLY HIGH

2.4126 TWD

YEARLY LOW

2.2193 TWD

YEARLY AVERAGE

2.3323 TWD

2023 BWP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.4126. Conversely, the yearly low was recorded on June 1, dropping to 2.2193.

This high-to-low spread represents a total annual volatility of 0.1933 TWD. From a start-to-finish perspective, comparing the January average rate of 2.3792 to the December average rate of 2.3111, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4126 was down 4.38% compared to the 2022 peak of 2.5231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,063 TWD

2022 Average 12,043 TWD

Yearly Trough Low 11,096 TWD

Transaction Impact: A difference of 966.52 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3891

2.2699

JanuMarcMayJulySeptNove

BWP 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 2.3176, compared to 2.3470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 2.3176

H2 Avg (Jul–Dec) 2.3470

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1176 TWD (High: 2.3368 / Low: 2.2193). On the other end, September was the most stable month, with a tight range of 0.0397 TWD (High: 2.3662 / Low: 2.3265).

June Spread (Volatile) ±0.1176

September Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3792) against the same month in 2022 (average: 2.3822), the exchange rate shifted by -0.0030 (-0.12%).

2023 Avg (January) 2.3792

2022 Avg (January) 2.3822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4126	2.3347	2.3792
February	2.3536	2.2881	2.3139
March	2.3475	2.2900	2.3113
April	2.3534	2.3027	2.3285
May	2.3296	2.2203	2.2798
June	2.3368	2.2193	2.2927
July	2.4090	2.3049	2.3562
August	2.3911	2.3373	2.3580
September	2.3662	2.3265	2.3467
October	2.3784	2.3221	2.3504
November	2.3933	2.3100	2.3598
December	2.3435	2.2754	2.3111