2023 SYP to TWD Historical Review

YEARLY HIGH

0.0129 TWD

YEARLY LOW

0.0118 TWD

YEARLY AVERAGE

0.0124 TWD

2023 SYP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.0129. Conversely, the yearly low was recorded on February 2, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0011 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0124, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was up 0.47% compared to the 2022 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 TWD

2022 Average 59 TWD

Yearly Trough Low 59 TWD

Transaction Impact: A difference of 5.50 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0129

0.0120

JanuMarcMayJulySeptNove

SYP 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 0.0122, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0122

H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 TWD (High: 0.0129 / Low: 0.0125). On the other end, May was the most stable month, with a tight range of 0.0001 TWD (High: 0.0123 / Low: 0.0122).

November Spread (Volatile) ±0.0004

May Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0128) against the same month in 2022 (average: 0.0127), the exchange rate shifted by +0.0001 (+1.05%).

2023 Avg (October) 0.0128

2022 Avg (October) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0120	0.0121
February	0.0122	0.0118	0.0120
March	0.0123	0.0121	0.0122
April	0.0122	0.0121	0.0122
May	0.0123	0.0122	0.0122
June	0.0124	0.0122	0.0123
July	0.0125	0.0123	0.0124
August	0.0127	0.0126	0.0127
September	0.0128	0.0127	0.0127
October	0.0129	0.0128	0.0128
November	0.0129	0.0125	0.0127
December	0.0125	0.0122	0.0124