2023 TWD to MDL Historical Review

YEARLY HIGH

0.6320 MDL

YEARLY LOW

0.5491 MDL

YEARLY AVERAGE

0.5817 MDL

2023 TWD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.6320. Conversely, the yearly low was recorded on August 15, dropping to 0.5491.

This high-to-low spread represents a total annual volatility of 0.0828 MDL. From a start-to-finish perspective, comparing the January average rate of 0.6249 to the December average rate of 0.5641, the exchange rate registered a net change of -9.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6320 was down 3.79% compared to the 2022 peak of 0.6568, 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 3,160 MDL

2022 Average 3,171 MDL

Yearly Trough Low 2,746 MDL

Transaction Impact: A difference of 414.07 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6318

0.5487

JanuMarcMayJulySeptNove

TWD to MDL 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 0.6006, compared to 0.5627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 0.6006

H2 Avg (Jul–Dec) 0.5627

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0369 MDL (High: 0.5890 / Low: 0.5521). On the other end, October was the most stable month, with a tight range of 0.0093 MDL (High: 0.5664 / Low: 0.5571).

July Spread (Volatile) ±0.0369

October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0187 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6201) against the same month in 2022 (average: 0.6421), the exchange rate shifted by -0.0221 (-3.44%).

2023 Avg (February) 0.6201

2022 Avg (February) 0.6421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6299	0.6183	0.6249
February	0.6320	0.6127	0.6201
March	0.6175	0.5993	0.6090
April	0.6009	0.5805	0.5903
May	0.5841	0.5737	0.5787
June	0.5873	0.5758	0.5809
July	0.5890	0.5521	0.5739
August	0.5617	0.5491	0.5556
September	0.5672	0.5571	0.5613
October	0.5664	0.5571	0.5616
November	0.5672	0.5512	0.5596
December	0.5694	0.5569	0.5641