YEARLY HIGH
0.0673 BBD
YEARLY LOW
0.0616 BBD
YEARLY AVERAGE
0.0643 BBD

2023 TWD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0673. Conversely, the yearly low was recorded on October 28, dropping to 0.0616.

This high-to-low spread represents a total annual volatility of 0.0057 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0658 to the December average rate of 0.0641, 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 0.0673 was down 7.66% compared to the 2022 peak of 0.0729, 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 337 BBD
2022 Average 336 BBD
Yearly Trough Low 308 BBD
Transaction Impact: A difference of 28.65 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0665
0.0615
JanuMarcMayJulySeptNove

TWD to BBD 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 0.0655, compared to 0.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0655
H2 Avg (Jul–Dec) 0.0630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 BBD (High: 0.0639 / Low: 0.0617). On the other end, May was the most stable month, with a tight range of 0.0005 BBD (High: 0.0654 / Low: 0.0649).

November Spread (Volatile) ±0.0022
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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0661) against the same month in 2022 (average: 0.0718), the exchange rate shifted by -0.0057 (-7.94%).

2023 Avg (February) 0.0661
2022 Avg (February) 0.0718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0666 0.0651 0.0658
February 0.0673 0.0652 0.0661
March 0.0659 0.0648 0.0655
April 0.0658 0.0650 0.0654
May 0.0654 0.0649 0.0651
June 0.0654 0.0642 0.0649
July 0.0648 0.0636 0.0641
August 0.0633 0.0625 0.0629
September 0.0627 0.0620 0.0625
October 0.0624 0.0616 0.0620
November 0.0639 0.0617 0.0627
December 0.0652 0.0634 0.0641