2023 TWD to EUR Historical Review

YEARLY HIGH

0.0311 EUR

YEARLY LOW

0.0286 EUR

YEARLY AVERAGE

0.0297 EUR

2023 TWD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0311. Conversely, the yearly low was recorded on August 12, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0025 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0305 to the December average rate of 0.0293, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0311 was down 7.19% compared to the 2022 peak of 0.0335, 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 155 EUR

2022 Average 160 EUR

Yearly Trough Low 143 EUR

Transaction Impact: A difference of 12.27 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0311

0.0286

JanuMarcMayJulySeptNove

TWD to EUR 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 0.0303, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0303

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0013 EUR (High: 0.0305 / Low: 0.0292). On the other end, December was the most stable month, with a tight range of 0.0004 EUR (High: 0.0296 / Low: 0.0291).

May Spread (Volatile) ±0.0013

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, 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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0309) against the same month in 2022 (average: 0.0316), the exchange rate shifted by -0.0008 (-2.45%).

2023 Avg (February) 0.0309

2022 Avg (February) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0309	0.0303	0.0305
February	0.0311	0.0306	0.0309
March	0.0309	0.0301	0.0305
April	0.0303	0.0292	0.0298
May	0.0305	0.0292	0.0299
June	0.0305	0.0294	0.0299
July	0.0296	0.0287	0.0290
August	0.0291	0.0286	0.0288
September	0.0295	0.0291	0.0292
October	0.0295	0.0290	0.0293
November	0.0292	0.0286	0.0290
December	0.0296	0.0291	0.0293