2023 TWD to NZD Historical Review

YEARLY HIGH

0.0541 NZD

YEARLY LOW

0.0505 NZD

YEARLY AVERAGE

0.0523 NZD

2023 TWD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0541. Conversely, the yearly low was recorded on July 13, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0037 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0514, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0541 was down 4.07% compared to the 2022 peak of 0.0564, 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 271 NZD

2022 Average 265 NZD

Yearly Trough Low 252 NZD

Transaction Impact: A difference of 18.26 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0530

0.0512

JanuMarcMayJulySeptNove

TWD to NZD 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 0.0525, compared to 0.0522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0525

H2 Avg (Jul–Dec) 0.0522

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0029 NZD (High: 0.0541 / Low: 0.0513). On the other end, November was the most stable month, with a tight range of 0.0010 NZD (High: 0.0527 / Low: 0.0517).

May Spread (Volatile) ±0.0029

November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0525) against the same month in 2022 (average: 0.0528), the exchange rate shifted by -0.0003 (-0.62%).

2023 Avg (May) 0.0525

2022 Avg (May) 0.0528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0523	0.0508	0.0514
February	0.0530	0.0516	0.0526
March	0.0532	0.0520	0.0527
April	0.0533	0.0518	0.0527
May	0.0541	0.0513	0.0525
June	0.0539	0.0521	0.0529
July	0.0523	0.0505	0.0515
August	0.0532	0.0515	0.0525
September	0.0533	0.0517	0.0527
October	0.0533	0.0516	0.0526
November	0.0527	0.0517	0.0523
December	0.0520	0.0509	0.0514