2023 TWD to GNF Historical Review

YEARLY HIGH

292.6009 GNF

YEARLY LOW

263.9599 GNF

YEARLY AVERAGE

276.8935 GNF

2023 TWD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 292.6009. Conversely, the yearly low was recorded on October 28, dropping to 263.9599.

This high-to-low spread represents a total annual volatility of 28.6409 GNF. From a start-to-finish perspective, comparing the January average rate of 285.1714 to the December average rate of 275.6058, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 292.6009 was down 13.39% compared to the 2022 peak of 337.8293, 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 1,463,004 GNF

2022 Average 1,482,480 GNF

Yearly Trough Low 1,319,800 GNF

Transaction Impact: A difference of 143,204.59 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

287.5044

264.4955

JanuMarcMayJulySeptNove

TWD to GNF 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 282.6212, compared to 271.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4554 points.

H1 Avg (Jan–Jun) 282.6212

H2 Avg (Jul–Dec) 271.1658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 12.1429 GNF (High: 292.6009 / Low: 280.4580). On the other end, August was the most stable month, with a tight range of 4.3690 GNF (High: 273.4122 / Low: 269.0432).

February Spread (Volatile) ±12.1429

August Spread (Stable) ±4.3690

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 5.3417 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.3417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 285.5870) against the same month in 2022 (average: 323.4999), the exchange rate shifted by -37.9129 (-11.72%).

2023 Avg (February) 285.5870

2022 Avg (February) 323.4999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	290.7505	280.4844	285.1714
February	292.6009	280.4580	285.5870
March	288.4026	277.1927	282.6989
April	284.4637	276.5815	281.4307
May	282.9069	278.5140	280.9112
June	282.2744	276.2761	279.9279
July	278.5876	273.3625	275.9804
August	273.4122	269.0432	270.6387
September	271.4059	266.1149	268.6969
October	269.3087	263.9599	266.4129
November	274.6025	264.5350	269.6599
December	280.7611	272.7391	275.6058