YEARLY HIGH
0.0679 BZD
YEARLY LOW
0.0619 BZD
YEARLY AVERAGE
0.0647 BZD

2023 TWD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0679. Conversely, the yearly low was recorded on October 28, dropping to 0.0619.

This high-to-low spread represents a total annual volatility of 0.0059 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0646, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0679 was down 7.62% compared to the 2022 peak of 0.0735, 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 339 BZD
2022 Average 339 BZD
Yearly Trough Low 310 BZD
Transaction Impact: A difference of 29.67 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0670
0.0620
JanuMarcMayJulySeptNove

TWD to BZD 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 0.0659, compared to 0.0635 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) 0.0659
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0023 BZD (High: 0.0644 / Low: 0.0621). On the other end, May was the most stable month, with a tight range of 0.0007 BZD (High: 0.0659 / Low: 0.0652).

November Spread (Volatile) ±0.0023
May Spread (Stable) ±0.0007

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: 0.0666) against the same month in 2022 (average: 0.0723), the exchange rate shifted by -0.0057 (-7.92%).

2023 Avg (February) 0.0666
2022 Avg (February) 0.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0671 0.0656 0.0663
February 0.0679 0.0657 0.0666
March 0.0665 0.0649 0.0658
April 0.0664 0.0647 0.0659
May 0.0659 0.0652 0.0656
June 0.0659 0.0646 0.0654
July 0.0653 0.0640 0.0646
August 0.0638 0.0630 0.0634
September 0.0633 0.0625 0.0629
October 0.0630 0.0619 0.0624
November 0.0644 0.0621 0.0631
December 0.0660 0.0639 0.0646