2023 TWD to CAD Historical Review

YEARLY HIGH

0.0455 CAD

YEARLY LOW

0.0419 CAD

YEARLY AVERAGE

0.0434 CAD

2023 TWD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0455. Conversely, the yearly low was recorded on September 27, dropping to 0.0419.

This high-to-low spread represents a total annual volatility of 0.0036 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.0430, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0455 was down 1.54% compared to the 2022 peak of 0.0462, 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 228 CAD

2022 Average 219 CAD

Yearly Trough Low 209 CAD

Transaction Impact: A difference of 18.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0451

0.0421

JanuMarcMayJulySeptNove

TWD to CAD 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 0.0441, compared to 0.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0426

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0015 CAD (High: 0.0439 / Low: 0.0424). On the other end, January was the most stable month, with a tight range of 0.0007 CAD (High: 0.0446 / Low: 0.0439).

June Spread (Volatile) ±0.0015

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0448) against the same month in 2022 (average: 0.0445), the exchange rate shifted by +0.0003 (+0.69%).

2023 Avg (March) 0.0448

2022 Avg (March) 0.0445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0446	0.0439	0.0442
February	0.0448	0.0441	0.0445
March	0.0455	0.0443	0.0448
April	0.0446	0.0438	0.0442
May	0.0445	0.0436	0.0441
June	0.0439	0.0424	0.0431
July	0.0429	0.0420	0.0424
August	0.0428	0.0420	0.0424
September	0.0427	0.0419	0.0423
October	0.0429	0.0421	0.0425
November	0.0436	0.0425	0.0430
December	0.0433	0.0426	0.0430