YEARLY HIGH
0.1236 AED
YEARLY LOW
0.1131 AED
YEARLY AVERAGE
0.1180 AED

2023 TWD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1236. Conversely, the yearly low was recorded on October 29, dropping to 0.1131.

This high-to-low spread represents a total annual volatility of 0.0105 AED. From a start-to-finish perspective, comparing the January average rate of 0.1209 to the December average rate of 0.1177, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1236 was down 7.66% compared to the 2022 peak of 0.1339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 618 AED
2022 Average 618 AED
Yearly Trough Low 565 AED
Transaction Impact: A difference of 52.62 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1221
0.1130
JanuMarcMayJulySeptNove

TWD to AED 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 0.1202, compared to 0.1158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1202
H2 Avg (Jul–Dec) 0.1158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0040 AED (High: 0.1174 / Low: 0.1134). On the other end, May was the most stable month, with a tight range of 0.0010 AED (High: 0.1201 / Low: 0.1191).

November Spread (Volatile) ±0.0040
May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1213) against the same month in 2022 (average: 0.1318), the exchange rate shifted by -0.0105 (-7.95%).

2023 Avg (February) 0.1213
2022 Avg (February) 0.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1222 0.1195 0.1209
February 0.1236 0.1197 0.1213
March 0.1211 0.1191 0.1202
April 0.1208 0.1194 0.1202
May 0.1201 0.1191 0.1196
June 0.1200 0.1179 0.1192
July 0.1191 0.1168 0.1178
August 0.1162 0.1148 0.1154
September 0.1152 0.1139 0.1147
October 0.1146 0.1131 0.1138
November 0.1174 0.1134 0.1152
December 0.1197 0.1165 0.1177