YEARLY HIGH
2.5405 TWD
YEARLY LOW
2.1099 TWD
YEARLY AVERAGE
2.3189 TWD

2023 SCR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.5405. Conversely, the yearly low was recorded on February 1, dropping to 2.1099.

This high-to-low spread represents a total annual volatility of 0.4306 TWD. From a start-to-finish perspective, comparing the January average rate of 2.2455 to the December average rate of 2.3242, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5405 was up 0.48% compared to the 2022 peak of 2.5283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,702 TWD
2022 Average 11,007 TWD
Yearly Trough Low 10,549 TWD
Transaction Impact: A difference of 2,152.88 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4578
2.2153
JanuMarcMayJulySeptNove

SCR 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 2.2566, compared to 2.3812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1246 points.

H1 Avg (Jan–Jun) 2.2566
H2 Avg (Jul–Dec) 2.3812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2450 TWD (High: 2.3549 / Low: 2.1099). On the other end, August was the most stable month, with a tight range of 0.0785 TWD (High: 2.4110 / Low: 2.3325).

February Spread (Volatile) ±0.2450
August Spread (Stable) ±0.0785

Growth Streaks & Declines

Trends

Between June and September, 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 November and December, when the average rate fell by 0.0639 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.4233) against the same month in 2022 (average: 2.3934), the exchange rate shifted by +0.0299 (+1.25%).

2023 Avg (October) 2.4233
2022 Avg (October) 2.3934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3803 2.1364 2.2455
February 2.3549 2.1099 2.2355
March 2.3662 2.1789 2.2710
April 2.3599 2.1648 2.2629
May 2.3418 2.1873 2.2752
June 2.3719 2.1681 2.2495
July 2.3983 2.1941 2.3345
August 2.4110 2.3325 2.3794
September 2.5157 2.3434 2.4376
October 2.5405 2.3343 2.4233
November 2.4684 2.2798 2.3881
December 2.4352 2.2146 2.3242