2023 SZL to TWD Historical Review

YEARLY HIGH

1.8178 TWD

YEARLY LOW

1.5471 TWD

YEARLY AVERAGE

1.6898 TWD

2023 SZL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.8178. Conversely, the yearly low was recorded on May 30, dropping to 1.5471.

This high-to-low spread represents a total annual volatility of 0.2707 TWD. From a start-to-finish perspective, comparing the January average rate of 1.7771 to the December average rate of 1.6753, the exchange rate registered a net change of -5.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8178 was down 8.77% compared to the 2022 peak of 1.9925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,089 TWD

2022 Average 9,115 TWD

Yearly Trough Low 7,736 TWD

Transaction Impact: A difference of 1,353.54 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7934

1.5970

JanuMarcMayJulySeptNove

SZL 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 1.6816, compared to 1.6981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 1.6816

H2 Avg (Jul–Dec) 1.6981

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1531 TWD (High: 1.7008 / Low: 1.5476). On the other end, September was the most stable month, with a tight range of 0.0538 TWD (High: 1.7163 / Low: 1.6625).

June Spread (Volatile) ±0.1531

September Spread (Stable) ±0.0538

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0855 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.7771) against the same month in 2022 (average: 1.7873), the exchange rate shifted by -0.0102 (-0.57%).

2023 Avg (January) 1.7771

2022 Avg (January) 1.7873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8178	1.7233	1.7771
February	1.7486	1.6593	1.6916
March	1.7153	1.6391	1.6741
April	1.7200	1.6548	1.6858
May	1.6763	1.5471	1.6134
June	1.7008	1.5476	1.6475
July	1.7806	1.6493	1.7127
August	1.7542	1.6352	1.6945
September	1.7163	1.6625	1.6896
October	1.7266	1.6581	1.6932
November	1.7620	1.6653	1.7233
December	1.7178	1.6325	1.6753