YEARLY HIGH
0.0493 SGD
YEARLY LOW
0.0437 SGD
YEARLY AVERAGE
0.0464 SGD

2022 TWD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TWD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0493. Conversely, the yearly low was recorded on December 31, dropping to 0.0437.

This high-to-low spread represents a total annual volatility of 0.0055 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0441, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0493 was down 0.67% compared to the 2021 peak of 0.0496, 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 246 SGD
2021 Average 241 SGD
Yearly Trough Low 219 SGD
Transaction Impact: A difference of 27.72 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0493
0.0436
JanuMarcMayJulySeptNove

TWD to SGD 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 0.0476, compared to 0.0451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0476
H2 Avg (Jul–Dec) 0.0451

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0015 SGD (High: 0.0454 / Low: 0.0439). On the other end, February was the most stable month, with a tight range of 0.0004 SGD (High: 0.0486 / Low: 0.0482).

October Spread (Volatile) ±0.0015
February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0488) against the same month in 2021 (average: 0.0474), the exchange rate shifted by +0.0015 (+3.11%).

2022 Avg (January) 0.0488
2021 Avg (January) 0.0474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0493 0.0485 0.0488
February 0.0486 0.0482 0.0484
March 0.0484 0.0472 0.0478
April 0.0474 0.0466 0.0470
May 0.0472 0.0464 0.0467
June 0.0472 0.0465 0.0468
July 0.0472 0.0460 0.0467
August 0.0464 0.0456 0.0460
September 0.0459 0.0449 0.0453
October 0.0454 0.0439 0.0446
November 0.0446 0.0438 0.0442
December 0.0444 0.0437 0.0441