2023 TJS to TWD Historical Review

YEARLY HIGH

3.0802 TWD

YEARLY LOW

2.7781 TWD

YEARLY AVERAGE

2.8836 TWD

2023 TJS to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 3.0802. Conversely, the yearly low was recorded on March 25, dropping to 2.7781.

This high-to-low spread represents a total annual volatility of 0.3021 TWD. From a start-to-finish perspective, comparing the January average rate of 2.9703 to the December average rate of 2.8534, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0802 was down 4.84% compared to the 2022 peak of 3.2368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,401 TWD

2022 Average 13,722 TWD

Yearly Trough Low 13,891 TWD

Transaction Impact: A difference of 1,510.45 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9872

2.7849

JanuMarcMayJulySeptNove

TJS 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 2.8699, compared to 2.8973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 2.8699

H2 Avg (Jul–Dec) 2.8973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3021 TWD (High: 3.0802 / Low: 2.7781). On the other end, May was the most stable month, with a tight range of 0.0284 TWD (High: 2.8277 / Low: 2.7993).

March Spread (Volatile) ±0.3021

May Spread (Stable) ±0.0284

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0977 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.8994) against the same month in 2022 (average: 2.2901), the exchange rate shifted by +0.6093 (+26.60%).

2023 Avg (March) 2.8994

2022 Avg (March) 2.2901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0337	2.9200	2.9703
February	3.0631	2.8286	2.9147
March	3.0802	2.7781	2.8994
April	2.8531	2.7788	2.8017
May	2.8277	2.7993	2.8120
June	2.8568	2.7991	2.8214
July	2.8801	2.8198	2.8544
August	2.9137	2.8819	2.8991
September	2.9375	2.8997	2.9162
October	2.9673	2.9189	2.9434
November	2.9606	2.8648	2.9175
December	2.8889	2.7981	2.8534