2023 HTG to TWD Historical Review

YEARLY HIGH

0.2448 TWD

YEARLY LOW

0.1952 TWD

YEARLY AVERAGE

0.2208 TWD

2023 HTG to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.2448. Conversely, the yearly low was recorded on March 25, dropping to 0.1952.

This high-to-low spread represents a total annual volatility of 0.0496 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2047 to the December average rate of 0.2361, the exchange rate registered a net change of 15.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2448 was down 12.19% compared to the 2022 peak of 0.2788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,224 TWD

2022 Average 1,277 TWD

Yearly Trough Low 976 TWD

Transaction Impact: A difference of 247.91 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2454

0.1927

JanuMarcMayJulySeptNove

HTG 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 0.2058, compared to 0.2358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.2058

H2 Avg (Jul–Dec) 0.2358

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0202 TWD (High: 0.2191 / Low: 0.1989). On the other end, August was the most stable month, with a tight range of 0.0044 TWD (High: 0.2355 / Low: 0.2312).

May Spread (Volatile) ±0.0202

August Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0047 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2407) against the same month in 2022 (average: 0.2321), the exchange rate shifted by +0.0086 (+3.70%).

2023 Avg (November) 0.2407

2022 Avg (November) 0.2321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2082	0.2010	0.2047
February	0.2056	0.1981	0.2016
March	0.2028	0.1952	0.1990
April	0.2024	0.1952	0.1971
May	0.2191	0.1989	0.2113
June	0.2252	0.2175	0.2213
July	0.2299	0.2220	0.2265
August	0.2355	0.2312	0.2338
September	0.2395	0.2342	0.2367
October	0.2442	0.2367	0.2410
November	0.2448	0.2365	0.2407
December	0.2384	0.2317	0.2361