2023 TWD to NOK Historical Review

YEARLY HIGH

0.3657 NOK

YEARLY LOW

0.3194 NOK

YEARLY AVERAGE

0.3391 NOK

2023 TWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.3657. Conversely, the yearly low was recorded on January 1, dropping to 0.3194.

This high-to-low spread represents a total annual volatility of 0.0463 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3266 to the December average rate of 0.3369, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3657 was up 6.43% compared to the 2022 peak of 0.3436, 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 1,829 NOK

2022 Average 1,613 NOK

Yearly Trough Low 1,597 NOK

Transaction Impact: A difference of 231.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3547

0.3240

JanuMarcMayJulySeptNove

TWD to NOK 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 0.3427, compared to 0.3356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.3427

H2 Avg (Jul–Dec) 0.3356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0239 NOK (High: 0.3449 / Low: 0.3210). On the other end, September was the most stable month, with a tight range of 0.0077 NOK (High: 0.3388 / Low: 0.3311).

July Spread (Volatile) ±0.0239

September Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0205 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3522) against the same month in 2022 (average: 0.3246), the exchange rate shifted by +0.0276 (+8.50%).

2023 Avg (May) 0.3522

2022 Avg (May) 0.3246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3338	0.3194	0.3266
February	0.3441	0.3327	0.3385
March	0.3518	0.3395	0.3449
April	0.3475	0.3371	0.3438
May	0.3657	0.3424	0.3522
June	0.3618	0.3424	0.3503
July	0.3449	0.3210	0.3298
August	0.3370	0.3202	0.3292
September	0.3388	0.3311	0.3350
October	0.3460	0.3324	0.3408
November	0.3484	0.3372	0.3419
December	0.3483	0.3272	0.3369