2023 DJF to TWD Historical Review

YEARLY HIGH

0.1828 TWD

YEARLY LOW

0.1669 TWD

YEARLY AVERAGE

0.1751 TWD

2023 DJF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1828. Conversely, the yearly low was recorded on February 4, dropping to 0.1669.

This high-to-low spread represents a total annual volatility of 0.0160 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1710 to the December average rate of 0.1753, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1828 was up 0.12% compared to the 2022 peak of 0.1826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 914 TWD

2022 Average 837 TWD

Yearly Trough Low 834 TWD

Transaction Impact: A difference of 79.84 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1827

0.1690

JanuMarcMayJulySeptNove

DJF 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 0.1718, compared to 0.1784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.1718

H2 Avg (Jul–Dec) 0.1784

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0070 TWD (High: 0.1825 / Low: 0.1755). On the other end, May was the most stable month, with a tight range of 0.0017 TWD (High: 0.1737 / Low: 0.1720).

November Spread (Volatile) ±0.0070

May Spread (Stable) ±0.0017

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 0.0043 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1815) against the same month in 2022 (average: 0.1797), the exchange rate shifted by +0.0018 (+1.02%).

2023 Avg (October) 0.1815

2022 Avg (October) 0.1797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1731	0.1689	0.1710
February	0.1725	0.1669	0.1701
March	0.1745	0.1706	0.1720
April	0.1751	0.1709	0.1720
May	0.1737	0.1720	0.1726
June	0.1752	0.1717	0.1731
July	0.1770	0.1735	0.1755
August	0.1800	0.1768	0.1788
September	0.1812	0.1787	0.1799
October	0.1828	0.1802	0.1815
November	0.1825	0.1755	0.1795
December	0.1773	0.1719	0.1753