YEARLY HIGH
19.1377 SOS
YEARLY LOW
17.5576 SOS
YEARLY AVERAGE
18.2897 SOS

2023 TWD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 19.1377. Conversely, the yearly low was recorded on October 29, dropping to 17.5576.

This high-to-low spread represents a total annual volatility of 1.5801 SOS. From a start-to-finish perspective, comparing the January average rate of 18.7131 to the December average rate of 18.3183, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.1377 was down 9.86% compared to the 2022 peak of 21.2318, 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 95,688 SOS
2022 Average 96,834 SOS
Yearly Trough Low 87,788 SOS
Transaction Impact: A difference of 7,900.40 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.8953
17.5738
JanuMarcMayJulySeptNove

TWD to SOS 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 18.6091, compared to 17.9703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6388 points.

H1 Avg (Jan–Jun) 18.6091
H2 Avg (Jul–Dec) 17.9703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6658 SOS (High: 18.2629 / Low: 17.5971). On the other end, September was the most stable month, with a tight range of 0.1821 SOS (High: 17.8922 / Low: 17.7100).

November Spread (Volatile) ±0.6658
September Spread (Stable) ±0.1821

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 0.3470 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 18.7852) against the same month in 2022 (average: 20.8649), the exchange rate shifted by -2.0797 (-9.97%).

2023 Avg (February) 18.7852
2022 Avg (February) 20.8649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9194 18.4987 18.7131
February 19.1377 18.5231 18.7852
March 18.7571 18.2989 18.5915
April 18.7147 18.3351 18.5896
May 18.6153 18.3865 18.5189
June 18.6053 18.2221 18.4564
July 18.4524 18.0657 18.2366
August 18.0257 17.7891 17.8896
September 17.8922 17.7100 17.8030
October 17.8211 17.5576 17.6840
November 18.2629 17.5971 17.8904
December 18.6604 18.1247 18.3183