YEARLY HIGH
0.0008 TWD
YEARLY LOW
0.0007 TWD
YEARLY AVERAGE
0.0007 TWD

2023 IRR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.0008. Conversely, the yearly low was recorded on February 2, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0007, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0008 was up 0.56% compared to the 2022 peak of 0.0008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 TWD
2022 Average 4 TWD
Yearly Trough Low 4 TWD
Transaction Impact: A difference of 0.32 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008
0.0007
JanuMarcMayJulySeptNove

IRR 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 0.0007, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0000 TWD (High: 0.0008 / Low: 0.0007). On the other end, May was the most stable month, with a tight range of 0.0000 TWD (High: 0.0007 / Low: 0.0007).

November Spread (Volatile) ±0.0000
May Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0008) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0000 (+1.29%).

2023 Avg (October) 0.0008
2022 Avg (October) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0007 0.0007 0.0007
April 0.0007 0.0007 0.0007
May 0.0007 0.0007 0.0007
June 0.0007 0.0007 0.0007
July 0.0007 0.0007 0.0007
August 0.0008 0.0007 0.0008
September 0.0008 0.0008 0.0008
October 0.0008 0.0008 0.0008
November 0.0008 0.0007 0.0008
December 0.0007 0.0007 0.0007