YEARLY HIGH
0.3560 SEK
YEARLY LOW
0.3211 SEK
YEARLY AVERAGE
0.3408 SEK

2023 TWD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.3560. Conversely, the yearly low was recorded on December 25, dropping to 0.3211.

This high-to-low spread represents a total annual volatility of 0.0349 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3419 to the December average rate of 0.3282, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3560 was down 0.74% compared to the 2022 peak of 0.3587, 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 1,780 SEK
2022 Average 1,698 SEK
Yearly Trough Low 1,605 SEK
Transaction Impact: A difference of 174.69 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3514
0.3260
JanuMarcMayJulySeptNove

TWD to SEK 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 0.3434, compared to 0.3381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.3434
H2 Avg (Jul–Dec) 0.3381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0239 SEK (High: 0.3554 / Low: 0.3315). On the other end, October was the most stable month, with a tight range of 0.0082 SEK (High: 0.3457 / Low: 0.3375).

May Spread (Volatile) ±0.0239
October Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between April and June, 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 0.0117 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3493) against the same month in 2022 (average: 0.3392), the exchange rate shifted by +0.0101 (+2.96%).

2023 Avg (June) 0.3493
2022 Avg (June) 0.3392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3479 0.3370 0.3419
February 0.3534 0.3393 0.3454
March 0.3513 0.3391 0.3440
April 0.3444 0.3336 0.3386
May 0.3554 0.3315 0.3414
June 0.3560 0.3442 0.3493
July 0.3508 0.3292 0.3376
August 0.3473 0.3342 0.3405
September 0.3510 0.3386 0.3464
October 0.3457 0.3375 0.3415
November 0.3445 0.3295 0.3348
December 0.3336 0.3211 0.3282