2023 TWD to IRR Historical Review

YEARLY HIGH

1420.2060 IRR

YEARLY LOW

1301.2254 IRR

YEARLY AVERAGE

1356.3132 IRR

2023 TWD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1420.2060. Conversely, the yearly low was recorded on October 28, dropping to 1301.2254.

This high-to-low spread represents a total annual volatility of 118.9806 IRR. From a start-to-finish perspective, comparing the January average rate of 1379.9094 to the December average rate of 1353.0234, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1420.2060 was down 7.76% compared to the 2022 peak of 1539.7679, 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 7,101,030 IRR

2022 Average 7,110,152 IRR

Yearly Trough Low 6,506,127 IRR

Transaction Impact: A difference of 594,903.22 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1403.2272

1300.1624

JanuMarcMayJulySeptNove

TWD to IRR 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 1381.0344, compared to 1331.5920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.4424 points.

H1 Avg (Jan–Jun) 1381.0344

H2 Avg (Jul–Dec) 1331.5920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 50.2008 IRR (High: 1420.2060 / Low: 1370.0052). On the other end, May was the most stable month, with a tight range of 13.6013 IRR (High: 1384.2420 / Low: 1370.6407).

February Spread (Volatile) ±50.2008

May Spread (Stable) ±13.6013

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 25.7162 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -25.7162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1394.6385) against the same month in 2022 (average: 1516.4160), the exchange rate shifted by -121.7775 (-8.03%).

2023 Avg (February) 1394.6385

2022 Avg (February) 1516.4160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1404.6794	1361.6886	1379.9094
February	1420.2060	1370.0052	1394.6385
March	1392.4572	1370.6203	1380.0442
April	1390.6067	1373.5058	1382.8386
May	1384.2420	1370.6407	1376.8186
June	1382.4072	1355.8484	1371.9570
July	1370.5847	1340.5805	1354.5281
August	1339.0032	1321.4282	1328.8119
September	1325.5164	1309.8443	1319.4095
October	1318.3768	1301.2254	1308.7511
November	1350.5417	1303.5706	1325.0278
December	1371.8476	1340.7440	1353.0234