2023 TWD to GEL Historical Review

YEARLY HIGH

0.0886 GEL

YEARLY LOW

0.0807 GEL

YEARLY AVERAGE

0.0843 GEL

2023 TWD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0886. Conversely, the yearly low was recorded on May 2, dropping to 0.0807.

This high-to-low spread represents a total annual volatility of 0.0079 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0877 to the December average rate of 0.0860, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0886 was down 27.14% compared to the 2022 peak of 0.1217, 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 443 GEL

2022 Average 491 GEL

Yearly Trough Low 404 GEL

Transaction Impact: A difference of 39.66 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0883

0.0817

JanuMarcMayJulySeptNove

TWD to GEL 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 0.0849, compared to 0.0836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0849

H2 Avg (Jul–Dec) 0.0836

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0043 GEL (High: 0.0850 / Low: 0.0807). On the other end, August was the most stable month, with a tight range of 0.0011 GEL (High: 0.0828 / Low: 0.0816).

May Spread (Volatile) ±0.0043

August Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0873) against the same month in 2022 (average: 0.1077), the exchange rate shifted by -0.0204 (-18.92%).

2023 Avg (February) 0.0873

2022 Avg (February) 0.1077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0885	0.0869	0.0877
February	0.0886	0.0858	0.0873
March	0.0860	0.0834	0.0844
April	0.0840	0.0809	0.0825
May	0.0850	0.0807	0.0828
June	0.0853	0.0837	0.0847
July	0.0838	0.0819	0.0829
August	0.0828	0.0816	0.0822
September	0.0837	0.0814	0.0826
October	0.0840	0.0827	0.0833
November	0.0863	0.0833	0.0847
December	0.0877	0.0848	0.0860