2023 SRD to TWD Historical Review

YEARLY HIGH

0.9723 TWD

YEARLY LOW

0.8074 TWD

YEARLY AVERAGE

0.8535 TWD

2023 SRD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.9723. Conversely, the yearly low was recorded on June 13, dropping to 0.8074.

This high-to-low spread represents a total annual volatility of 0.1649 TWD. From a start-to-finish perspective, comparing the January average rate of 0.9553 to the December average rate of 0.8354, the exchange rate registered a net change of -12.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9723 was down 31.85% compared to the 2022 peak of 1.4267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,861 TWD

2022 Average 6,260 TWD

Yearly Trough Low 4,037 TWD

Transaction Impact: A difference of 824.42 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9691

0.8036

JanuMarcMayJulySeptNove

SRD 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 0.8721, compared to 0.8350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 0.8721

H2 Avg (Jul–Dec) 0.8350

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0701 TWD (High: 0.9161 / Low: 0.8460). On the other end, October was the most stable month, with a tight range of 0.0147 TWD (High: 0.8541 / Low: 0.8394).

March Spread (Volatile) ±0.0701

October Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0526 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9553) against the same month in 2022 (average: 1.3071), the exchange rate shifted by -0.3518 (-26.92%).

2023 Avg (January) 0.9553

2022 Avg (January) 1.3071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9723	0.9357	0.9553
February	0.9349	0.9033	0.9229
March	0.9161	0.8460	0.8837
April	0.8530	0.8173	0.8311
May	0.8306	0.8087	0.8222
June	0.8267	0.8074	0.8174
July	0.8402	0.8076	0.8210
August	0.8357	0.8195	0.8314
September	0.8437	0.8258	0.8362
October	0.8541	0.8394	0.8462
November	0.8526	0.8254	0.8397
December	0.8427	0.8268	0.8354