YEARLY HIGH
0.0572 AZN
YEARLY LOW
0.0523 AZN
YEARLY AVERAGE
0.0546 AZN

2023 TWD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0572. Conversely, the yearly low was recorded on October 28, dropping to 0.0523.

This high-to-low spread represents a total annual volatility of 0.0049 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0559 to the December average rate of 0.0545, 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 0.0572 was down 7.66% compared to the 2022 peak of 0.0620, 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 286 AZN
2022 Average 286 AZN
Yearly Trough Low 262 AZN
Transaction Impact: A difference of 24.35 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0565
0.0523
JanuMarcMayJulySeptNove

TWD to AZN 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 0.0557, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0557
H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0018 AZN (High: 0.0543 / Low: 0.0525). On the other end, May was the most stable month, with a tight range of 0.0004 AZN (High: 0.0556 / Low: 0.0552).

November Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0004

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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0562) against the same month in 2022 (average: 0.0610), the exchange rate shifted by -0.0048 (-7.94%).

2023 Avg (February) 0.0562
2022 Avg (February) 0.0610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0566 0.0553 0.0559
February 0.0572 0.0554 0.0562
March 0.0562 0.0551 0.0557
April 0.0559 0.0553 0.0556
May 0.0556 0.0552 0.0554
June 0.0556 0.0546 0.0552
July 0.0551 0.0541 0.0545
August 0.0538 0.0531 0.0534
September 0.0533 0.0527 0.0531
October 0.0531 0.0523 0.0527
November 0.0543 0.0525 0.0533
December 0.0554 0.0539 0.0545