YEARLY HIGH
0.0610 BAM
YEARLY LOW
0.0557 BAM
YEARLY AVERAGE
0.0581 BAM

2023 TWD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0610. Conversely, the yearly low was recorded on July 21, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0053 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0598 to the December average rate of 0.0574, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0610 was down 6.59% compared to the 2022 peak of 0.0653, 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 305 BAM
2022 Average 312 BAM
Yearly Trough Low 279 BAM
Transaction Impact: A difference of 26.47 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0607
0.0559
JanuMarcMayJulySeptNove

TWD to BAM 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 0.0592, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0592
H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0024 BAM (High: 0.0597 / Low: 0.0573). On the other end, November was the most stable month, with a tight range of 0.0009 BAM (High: 0.0572 / Low: 0.0563).

June Spread (Volatile) ±0.0024
November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0598) against the same month in 2022 (average: 0.0625), the exchange rate shifted by -0.0027 (-4.29%).

2023 Avg (January) 0.0598
2022 Avg (January) 0.0625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0610 0.0593 0.0598
February 0.0608 0.0597 0.0603
March 0.0604 0.0588 0.0598
April 0.0590 0.0571 0.0583
May 0.0596 0.0577 0.0586
June 0.0597 0.0573 0.0586
July 0.0578 0.0557 0.0567
August 0.0569 0.0558 0.0563
September 0.0579 0.0566 0.0571
October 0.0578 0.0566 0.0573
November 0.0572 0.0563 0.0567
December 0.0582 0.0569 0.0574