2022 TOP to TWD Historical Review

YEARLY HIGH

13.3538 TWD

YEARLY LOW

12.0783 TWD

YEARLY AVERAGE

12.7703 TWD

2022 TOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 13.3538. Conversely, the yearly low was recorded on January 4, dropping to 12.0783.

This high-to-low spread represents a total annual volatility of 1.2755 TWD. From a start-to-finish perspective, comparing the January average rate of 12.1518 to the December average rate of 13.0802, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.3538 was up 6.21% compared to the 2021 peak of 12.5726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,769 TWD

2021 Average 61,607 TWD

Yearly Trough Low 60,392 TWD

Transaction Impact: A difference of 6,377.65 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.2358

12.0532

JanuMarcMayJulySeptNove

TOP 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 12.5412, compared to 12.9994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4582 points.

H1 Avg (Jan–Jun) 12.5412

H2 Avg (Jul–Dec) 12.9994

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.5302 TWD (High: 12.7992 / Low: 12.2690). On the other end, August was the most stable month, with a tight range of 0.1602 TWD (High: 12.9486 / Low: 12.7885).

March Spread (Volatile) ±0.5302

August Spread (Stable) ±0.1602

Growth Streaks & Declines

Trends

Between July and November, 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 April and May, when the average rate fell by 0.0802 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 13.1372) against the same month in 2021 (average: 12.3143), the exchange rate shifted by +0.8229 (+6.68%).

2022 Avg (November) 13.1372

2021 Avg (November) 12.3143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2441	12.0783	12.1518
February	12.3820	12.2069	12.2914
March	12.7992	12.2690	12.5466
April	12.9278	12.6982	12.8087
May	12.8594	12.5845	12.7285
June	12.8177	12.5694	12.7201
July	12.8442	12.5952	12.7013
August	12.9486	12.7885	12.8684
September	13.2635	12.9388	13.0901
October	13.3346	12.9745	13.1192
November	13.3538	13.0114	13.1372
December	13.2062	13.0039	13.0802