2023 TWD to BIF Historical Review

YEARLY HIGH

93.1260 BIF

YEARLY LOW

66.9395 BIF

YEARLY AVERAGE

81.5812 BIF

2023 TWD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 93.1260. Conversely, the yearly low was recorded on March 18, dropping to 66.9395.

This high-to-low spread represents a total annual volatility of 26.1865 BIF. From a start-to-finish perspective, comparing the January average rate of 68.0781 to the December average rate of 91.3372, the exchange rate registered a net change of 34.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 93.1260 was up 27.75% compared to the 2022 peak of 72.8959, 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 465,630 BIF

2022 Average 343,383 BIF

Yearly Trough Low 334,697 BIF

Transaction Impact: A difference of 130,932.52 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

94.2057

65.5730

JanuMarcMayJulySeptNove

TWD to BIF 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 73.7199, compared to 89.4425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.7226 points.

H1 Avg (Jan–Jun) 73.7199

H2 Avg (Jul–Dec) 89.4425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 24.6906 BIF (High: 92.2438 / Low: 67.5531). On the other end, August was the most stable month, with a tight range of 1.0432 BIF (High: 89.6525 / Low: 88.6094).

May Spread (Volatile) ±24.6906

August Spread (Stable) ±1.0432

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6529 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 91.3372) against the same month in 2022 (average: 67.3487), the exchange rate shifted by +23.9885 (+35.62%).

2023 Avg (December) 91.3372

2022 Avg (December) 67.3487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	69.0364	67.3499	68.0781
February	69.7837	67.2729	68.4865
March	68.6271	66.9395	67.9590
April	68.4790	67.0092	68.0427
May	92.2438	67.5531	77.9334
June	92.6385	90.7897	91.8197
July	91.9127	89.9629	90.7259
August	89.6525	88.6094	89.0730
September	89.1591	87.8245	88.5567
October	88.6547	87.2237	87.9201
November	90.9291	87.4806	89.0423
December	93.1260	90.2856	91.3372