YEARLY HIGH
683.4118 SLL
YEARLY LOW
563.2882 SLL
YEARLY AVERAGE
611.8806 SLL

2023 TWD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 683.4118. Conversely, the yearly low was recorded on July 10, dropping to 563.2882.

This high-to-low spread represents a total annual volatility of 120.1236 SLL. From a start-to-finish perspective, comparing the January average rate of 581.2701 to the December average rate of 671.8554, the exchange rate registered a net change of 15.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 683.4118 was up 17.99% compared to the 2022 peak of 579.1936, 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 3,417,059 SLL
2022 Average 2,295,865 SLL
Yearly Trough Low 2,816,441 SLL
Transaction Impact: A difference of 600,617.91 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

681.7114
563.4390
JanuMarcMayJulySeptNove

TWD to SLL 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 578.2889, compared to 645.4723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.1834 points.

H1 Avg (Jan–Jun) 578.2889
H2 Avg (Jul–Dec) 645.4723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 105.6082 SLL (High: 668.8964 / Low: 563.2882). On the other end, May was the most stable month, with a tight range of 4.6612 SLL (High: 577.7350 / Low: 573.0738).

July Spread (Volatile) ±105.6082
May Spread (Stable) ±4.6612

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 5.3389 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.3389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 671.8554) against the same month in 2022 (average: 575.5376), the exchange rate shifted by +96.3178 (+16.74%).

2023 Avg (December) 671.8554
2022 Avg (December) 575.5376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 587.9318 574.7725 581.2701
February 594.5009 575.7635 583.5425
March 582.3326 572.7264 578.2037
April 581.0779 574.2717 578.0598
May 577.7350 573.0738 575.3622
June 577.3102 566.8891 573.2950
July 668.8964 563.2882 580.0060
August 663.5918 655.4628 659.0555
September 657.8729 650.2937 654.8123
October 654.5298 645.6325 649.5590
November 670.1019 647.3706 657.5455
December 683.4118 665.0439 671.8554