2023 TWD to KGS Historical Review

YEARLY HIGH

2.9034 KGS

YEARLY LOW

2.7364 KGS

YEARLY AVERAGE

2.8215 KGS

2023 TWD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.9034. Conversely, the yearly low was recorded on January 5, dropping to 2.7364.

This high-to-low spread represents a total annual volatility of 0.1669 KGS. From a start-to-finish perspective, comparing the January average rate of 2.8163 to the December average rate of 2.8558, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9034 was down 19.79% compared to the 2022 peak of 3.6197, 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 14,517 KGS

2022 Average 14,191 KGS

Yearly Trough Low 13,682 KGS

Transaction Impact: A difference of 834.55 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8840

2.7489

JanuMarcMayJulySeptNove

TWD to KGS 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 2.8500, compared to 2.7929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0571 points.

H1 Avg (Jan–Jun) 2.8500

H2 Avg (Jul–Dec) 2.7929

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1308 KGS (High: 2.8673 / Low: 2.7364). On the other end, August was the most stable month, with a tight range of 0.0241 KGS (High: 2.7779 / Low: 2.7538).

January Spread (Volatile) ±0.1308

August Spread (Stable) ±0.0241

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 0.0444 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.8558) against the same month in 2022 (average: 2.7742), the exchange rate shifted by +0.0815 (+2.94%).

2023 Avg (December) 2.8558

2022 Avg (December) 2.7742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8673	2.7364	2.8163
February	2.9017	2.8493	2.8727
March	2.8818	2.8343	2.8614
April	2.8756	2.8452	2.8626
May	2.8646	2.8321	2.8490
June	2.8624	2.7984	2.8383
July	2.8488	2.7892	2.8126
August	2.7779	2.7538	2.7682
September	2.7818	2.7510	2.7649
October	2.7755	2.7442	2.7602
November	2.8430	2.7575	2.7958
December	2.9034	2.8326	2.8558