2023 TWD to GBP Historical Review

YEARLY HIGH

0.0277 GBP

YEARLY LOW

0.0245 GBP

YEARLY AVERAGE

0.0258 GBP

2023 TWD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0277. Conversely, the yearly low was recorded on August 21, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0032 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0253, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0277 was down 5.89% compared to the 2022 peak of 0.0294, 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 138 GBP

2022 Average 136 GBP

Yearly Trough Low 123 GBP

Transaction Impact: A difference of 15.78 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0276

0.0245

JanuMarcMayJulySeptNove

TWD to GBP 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 0.0266, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0266

H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0010 GBP (High: 0.0275 / Low: 0.0265). On the other end, October was the most stable month, with a tight range of 0.0003 GBP (High: 0.0256 / Low: 0.0253).

March Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0274) against the same month in 2022 (average: 0.0265), the exchange rate shifted by +0.0009 (+3.26%).

2023 Avg (February) 0.0274

2022 Avg (February) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0266	0.0269
February	0.0277	0.0271	0.0274
March	0.0275	0.0265	0.0270
April	0.0267	0.0259	0.0263
May	0.0264	0.0258	0.0261
June	0.0262	0.0253	0.0257
July	0.0253	0.0246	0.0249
August	0.0250	0.0245	0.0247
September	0.0256	0.0249	0.0252
October	0.0256	0.0253	0.0255
November	0.0254	0.0249	0.0252
December	0.0256	0.0251	0.0253