2023 TWD to MVR Historical Review

YEARLY HIGH

0.5168 MVR

YEARLY LOW

0.4727 MVR

YEARLY AVERAGE

0.4938 MVR

2023 TWD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.5168. Conversely, the yearly low was recorded on November 13, dropping to 0.4727.

This high-to-low spread represents a total annual volatility of 0.0441 MVR. From a start-to-finish perspective, comparing the January average rate of 0.5062 to the December average rate of 0.4925, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5168 was down 8.21% compared to the 2022 peak of 0.5631, 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 2,584 MVR

2022 Average 2,594 MVR

Yearly Trough Low 2,364 MVR

Transaction Impact: A difference of 220.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5102

0.4736

JanuMarcMayJulySeptNove

TWD to MVR 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 0.5028, compared to 0.4848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.5028

H2 Avg (Jul–Dec) 0.4848

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0180 MVR (High: 0.4907 / Low: 0.4727). On the other end, May was the most stable month, with a tight range of 0.0037 MVR (High: 0.5017 / Low: 0.4980).

November Spread (Volatile) ±0.0180

May Spread (Stable) ±0.0037

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 0.0099 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5072) against the same month in 2022 (average: 0.5544), the exchange rate shifted by -0.0472 (-8.51%).

2023 Avg (February) 0.5072

2022 Avg (February) 0.5544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5112	0.5011	0.5062
February	0.5168	0.5003	0.5072
March	0.5079	0.4980	0.5032
April	0.5051	0.4993	0.5026
May	0.5017	0.4980	0.4998
June	0.5010	0.4913	0.4979
July	0.4996	0.4882	0.4930
August	0.4861	0.4800	0.4831
September	0.4843	0.4776	0.4814
October	0.4810	0.4741	0.4767
November	0.4907	0.4727	0.4818
December	0.5019	0.4871	0.4925