YEARLY HIGH
0.0570 TWD
YEARLY LOW
0.0523 TWD
YEARLY AVERAGE
0.0547 TWD

2023 SOS to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0570. Conversely, the yearly low was recorded on February 4, dropping to 0.0523.

This high-to-low spread represents a total annual volatility of 0.0047 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0546, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0570 was down 0.74% compared to the 2022 peak of 0.0574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285 TWD
2022 Average 259 TWD
Yearly Trough Low 261 TWD
Transaction Impact: A difference of 23.51 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0569
0.0529
JanuMarcMayJulySeptNove

SOS 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 0.0537, compared to 0.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0537
H2 Avg (Jul–Dec) 0.0557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0021 TWD (High: 0.0568 / Low: 0.0548). On the other end, September was the most stable month, with a tight range of 0.0006 TWD (High: 0.0565 / Low: 0.0559).

November Spread (Volatile) ±0.0021
September Spread (Stable) ±0.0006

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 0.0013 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0565) against the same month in 2022 (average: 0.0562), the exchange rate shifted by +0.0003 (+0.59%).

2023 Avg (October) 0.0565
2022 Avg (October) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0541 0.0529 0.0534
February 0.0540 0.0523 0.0532
March 0.0546 0.0533 0.0538
April 0.0545 0.0534 0.0538
May 0.0544 0.0537 0.0540
June 0.0549 0.0537 0.0542
July 0.0554 0.0542 0.0548
August 0.0562 0.0555 0.0559
September 0.0565 0.0559 0.0562
October 0.0570 0.0561 0.0565
November 0.0568 0.0548 0.0559
December 0.0552 0.0536 0.0546