2023 IQD to TWD Historical Review

YEARLY HIGH

0.0248 TWD

YEARLY LOW

0.0204 TWD

YEARLY AVERAGE

0.0230 TWD

2023 IQD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0248. Conversely, the yearly low was recorded on February 4, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0045 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0238, the exchange rate registered a net change of 14.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0248 was up 11.65% compared to the 2022 peak of 0.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 124 TWD

2022 Average 102 TWD

Yearly Trough Low 102 TWD

Transaction Impact: A difference of 22.48 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0251

0.0203

JanuMarcMayJulySeptNove

IQD 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 0.0217, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0217

H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0025 TWD (High: 0.0236 / Low: 0.0211). On the other end, September was the most stable month, with a tight range of 0.0003 TWD (High: 0.0246 / Low: 0.0243).

May Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0247) against the same month in 2022 (average: 0.0219), the exchange rate shifted by +0.0028 (+12.65%).

2023 Avg (October) 0.0247

2022 Avg (October) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0206	0.0208
February	0.0210	0.0204	0.0207
March	0.0213	0.0208	0.0210
April	0.0233	0.0208	0.0211
May	0.0236	0.0211	0.0233
June	0.0238	0.0234	0.0235
July	0.0241	0.0236	0.0238
August	0.0244	0.0240	0.0243
September	0.0246	0.0243	0.0245
October	0.0248	0.0245	0.0247
November	0.0248	0.0239	0.0244
December	0.0241	0.0234	0.0238