2023 TWD to HNL Historical Review

YEARLY HIGH

0.8299 HNL

YEARLY LOW

0.7585 HNL

YEARLY AVERAGE

0.7923 HNL

2023 TWD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.8299. Conversely, the yearly low was recorded on October 28, dropping to 0.7585.

This high-to-low spread represents a total annual volatility of 0.0714 HNL. From a start-to-finish perspective, comparing the January average rate of 0.8116 to the December average rate of 0.7918, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8299 was down 7.37% compared to the 2022 peak of 0.8960, 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 4,150 HNL

2022 Average 4,139 HNL

Yearly Trough Low 3,793 HNL

Transaction Impact: A difference of 357.08 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8193

0.7602

JanuMarcMayJulySeptNove

TWD to HNL 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 0.8066, compared to 0.7779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.8066

H2 Avg (Jul–Dec) 0.7779

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0302 HNL (High: 0.7908 / Low: 0.7606). On the other end, May was the most stable month, with a tight range of 0.0113 HNL (High: 0.8061 / Low: 0.7948).

November Spread (Volatile) ±0.0302

May Spread (Stable) ±0.0113

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 0.0159 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8144) against the same month in 2022 (average: 0.8824), the exchange rate shifted by -0.0680 (-7.71%).

2023 Avg (February) 0.8144

2022 Avg (February) 0.8824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8206	0.8030	0.8116
February	0.8299	0.8034	0.8144
March	0.8138	0.7939	0.8062
April	0.8090	0.7910	0.8045
May	0.8061	0.7948	0.8021
June	0.8073	0.7892	0.8009
July	0.7975	0.7810	0.7896
August	0.7812	0.7692	0.7737
September	0.7808	0.7662	0.7736
October	0.7714	0.7585	0.7651
November	0.7908	0.7606	0.7737
December	0.8057	0.7831	0.7918