2023 TWD to QAR Historical Review

YEARLY HIGH

0.1228 QAR

YEARLY LOW

0.1121 QAR

YEARLY AVERAGE

0.1170 QAR

2023 TWD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1228. Conversely, the yearly low was recorded on October 28, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0108 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1199 to the December average rate of 0.1168, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1228 was down 7.43% compared to the 2022 peak of 0.1327, 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 614 QAR

2022 Average 613 QAR

Yearly Trough Low 560 QAR

Transaction Impact: A difference of 53.79 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1212

0.1121

JanuMarcMayJulySeptNove

TWD to QAR 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 0.1193, compared to 0.1148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1193

H2 Avg (Jul–Dec) 0.1148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0042 QAR (High: 0.1228 / Low: 0.1187). On the other end, May was the most stable month, with a tight range of 0.0010 QAR (High: 0.1191 / Low: 0.1181).

February Spread (Volatile) ±0.0042

May Spread (Stable) ±0.0010

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 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1205) against the same month in 2022 (average: 0.1307), the exchange rate shifted by -0.0102 (-7.81%).

2023 Avg (February) 0.1205

2022 Avg (February) 0.1307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1220	0.1185	0.1199
February	0.1228	0.1187	0.1205
March	0.1212	0.1178	0.1194
April	0.1211	0.1170	0.1193
May	0.1191	0.1181	0.1186
June	0.1193	0.1168	0.1182
July	0.1180	0.1157	0.1167
August	0.1152	0.1138	0.1145
September	0.1145	0.1129	0.1137
October	0.1137	0.1121	0.1128
November	0.1164	0.1124	0.1141
December	0.1191	0.1155	0.1168