2023 TWD to INR Historical Review

YEARLY HIGH

2.7612 INR

YEARLY LOW

2.5667 INR

YEARLY AVERAGE

2.6524 INR

2023 TWD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.7612. Conversely, the yearly low was recorded on October 25, dropping to 2.5667.

This high-to-low spread represents a total annual volatility of 0.1944 INR. From a start-to-finish perspective, comparing the January average rate of 2.6891 to the December average rate of 2.6671, the exchange rate registered a net change of -0.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7612 was up 1.34% compared to the 2022 peak of 2.7246, 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 13,806 INR

2022 Average 13,203 INR

Yearly Trough Low 12,834 INR

Transaction Impact: A difference of 972.23 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7447

2.5629

JanuMarcMayJulySeptNove

TWD to INR 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 2.6901, compared to 2.6147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0753 points.

H1 Avg (Jan–Jun) 2.6901

H2 Avg (Jul–Dec) 2.6147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0944 INR (High: 2.6646 / Low: 2.5702). On the other end, August was the most stable month, with a tight range of 0.0252 INR (High: 2.6152 / Low: 2.5900).

November Spread (Volatile) ±0.0944

August Spread (Stable) ±0.0252

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 February and March, when the average rate fell by 0.0377 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.7296) against the same month in 2022 (average: 2.6908), the exchange rate shifted by +0.0388 (+1.44%).

2023 Avg (February) 2.7296

2022 Avg (February) 2.6908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7214	2.6695	2.6891
February	2.7612	2.6952	2.7296
March	2.7178	2.6574	2.6918
April	2.7011	2.6574	2.6818
May	2.7062	2.6560	2.6812
June	2.6912	2.6346	2.6669
July	2.6628	2.6129	2.6354
August	2.6152	2.5900	2.6035
September	2.6081	2.5781	2.5933
October	2.5985	2.5667	2.5780
November	2.6646	2.5702	2.6110
December	2.7122	2.6425	2.6671