YEARLY HIGH
30.2888 KPW
YEARLY LOW
27.7102 KPW
YEARLY AVERAGE
28.9134 KPW

2023 TWD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 30.2888. Conversely, the yearly low was recorded on October 28, dropping to 27.7102.

This high-to-low spread represents a total annual volatility of 2.5785 KPW. From a start-to-finish perspective, comparing the January average rate of 29.6147 to the December average rate of 28.8357, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.2888 was down 7.66% compared to the 2022 peak of 32.7998, 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 151,444 KPW
2022 Average 151,394 KPW
Yearly Trough Low 138,551 KPW
Transaction Impact: A difference of 12,892.71 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.9156
27.6936
JanuMarcMayJulySeptNove

TWD to KPW 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 29.4628, compared to 28.3641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0987 points.

H1 Avg (Jan–Jun) 29.4628
H2 Avg (Jul–Dec) 28.3641

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9756 KPW (High: 28.7604 / Low: 27.7848). On the other end, May was the most stable month, with a tight range of 0.2375 KPW (High: 29.4346 / Low: 29.1971).

November Spread (Volatile) ±0.9756
May Spread (Stable) ±0.2375

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 0.5716 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 29.7304) against the same month in 2022 (average: 32.2961), the exchange rate shifted by -2.5657 (-7.94%).

2023 Avg (February) 29.7304
2022 Avg (February) 32.2961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.9541 29.2836 29.6147
February 30.2888 29.3341 29.7304
March 29.6688 29.1794 29.4584
April 29.6049 29.2581 29.4511
May 29.4346 29.1971 29.3137
June 29.4129 28.8820 29.2084
July 29.1786 28.6216 28.8579
August 28.4810 28.1321 28.2863
September 28.2356 27.9103 28.1042
October 28.0921 27.7102 27.8787
November 28.7604 27.7848 28.2215
December 29.3317 28.5433 28.8357