YEARLY HIGH
0.0606 AWG
YEARLY LOW
0.0555 AWG
YEARLY AVERAGE
0.0579 AWG

2023 TWD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0606. Conversely, the yearly low was recorded on October 28, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0051 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0593 to the December average rate of 0.0577, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0606 was down 7.66% compared to the 2022 peak of 0.0656, 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 303 AWG
2022 Average 303 AWG
Yearly Trough Low 277 AWG
Transaction Impact: A difference of 25.40 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0599
0.0554
JanuMarcMayJulySeptNove

TWD to AWG 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 0.0590, compared to 0.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0590
H2 Avg (Jul–Dec) 0.0567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0019 AWG (High: 0.0606 / Low: 0.0587). On the other end, May was the most stable month, with a tight range of 0.0005 AWG (High: 0.0589 / Low: 0.0584).

February Spread (Volatile) ±0.0019
May Spread (Stable) ±0.0005

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0595) against the same month in 2022 (average: 0.0646), the exchange rate shifted by -0.0051 (-7.91%).

2023 Avg (February) 0.0595
2022 Avg (February) 0.0646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0600 0.0586 0.0593
February 0.0606 0.0587 0.0595
March 0.0593 0.0584 0.0589
April 0.0593 0.0585 0.0589
May 0.0589 0.0584 0.0587
June 0.0589 0.0578 0.0585
July 0.0584 0.0573 0.0578
August 0.0570 0.0563 0.0566
September 0.0565 0.0558 0.0562
October 0.0563 0.0555 0.0558
November 0.0576 0.0556 0.0563
December 0.0587 0.0571 0.0577