2023 TWD to PEN Historical Review

YEARLY HIGH

0.1297 PEN

YEARLY LOW

0.1141 PEN

YEARLY AVERAGE

0.1202 PEN

2023 TWD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1297. Conversely, the yearly low was recorded on August 1, dropping to 0.1141.

This high-to-low spread represents a total annual volatility of 0.0155 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1258 to the December average rate of 0.1197, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1297 was down 10.19% compared to the 2022 peak of 0.1444, 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 648 PEN

2022 Average 645 PEN

Yearly Trough Low 571 PEN

Transaction Impact: A difference of 77.71 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1279

0.1142

JanuMarcMayJulySeptNove

TWD to PEN 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 0.1229, compared to 0.1174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1229

H2 Avg (Jul–Dec) 0.1174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0057 PEN (High: 0.1297 / Low: 0.1240). On the other end, July was the most stable month, with a tight range of 0.0023 PEN (High: 0.1166 / Low: 0.1143).

February Spread (Volatile) ±0.0057

July Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1268) against the same month in 2022 (average: 0.1361), the exchange rate shifted by -0.0093 (-6.82%).

2023 Avg (February) 0.1268

2022 Avg (February) 0.1361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1291	0.1238	0.1258
February	0.1297	0.1240	0.1268
March	0.1248	0.1220	0.1236
April	0.1242	0.1197	0.1229
May	0.1211	0.1184	0.1200
June	0.1206	0.1163	0.1183
July	0.1166	0.1143	0.1154
August	0.1169	0.1141	0.1160
September	0.1182	0.1154	0.1163
October	0.1200	0.1174	0.1189
November	0.1212	0.1167	0.1182
December	0.1212	0.1186	0.1197