2023 TWD to SCR Historical Review

YEARLY HIGH

0.4740 SCR

YEARLY LOW

0.3936 SCR

YEARLY AVERAGE

0.4319 SCR

2023 TWD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.4740. Conversely, the yearly low was recorded on October 26, dropping to 0.3936.

This high-to-low spread represents a total annual volatility of 0.0803 SCR. From a start-to-finish perspective, comparing the January average rate of 0.4457 to the December average rate of 0.4305, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4740 was down 12.77% compared to the 2022 peak of 0.5433, 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 2,370 SCR

2022 Average 2,283 SCR

Yearly Trough Low 1,968 SCR

Transaction Impact: A difference of 401.66 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4517

0.4066

JanuMarcMayJulySeptNove

TWD to SCR 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 0.4436, compared to 0.4202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.4436

H2 Avg (Jul–Dec) 0.4202

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0493 SCR (High: 0.4740 / Low: 0.4247). On the other end, August was the most stable month, with a tight range of 0.0140 SCR (High: 0.4287 / Low: 0.4148).

February Spread (Volatile) ±0.0493

August Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between September and December, 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 0.0163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4480) against the same month in 2022 (average: 0.4916), the exchange rate shifted by -0.0437 (-8.88%).

2023 Avg (February) 0.4480

2022 Avg (February) 0.4916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4681	0.4201	0.4457
February	0.4740	0.4247	0.4480
March	0.4589	0.4226	0.4407
April	0.4619	0.4237	0.4423
May	0.4572	0.4270	0.4398
June	0.4612	0.4216	0.4448
July	0.4558	0.4170	0.4286
August	0.4287	0.4148	0.4203
September	0.4267	0.3975	0.4104
October	0.4284	0.3936	0.4129
November	0.4386	0.4051	0.4189
December	0.4515	0.4106	0.4305