2023 TWD to STD Historical Review

YEARLY HIGH

768.1225 STD

YEARLY LOW

686.0371 STD

YEARLY AVERAGE

725.9633 STD

2023 TWD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 768.1225. Conversely, the yearly low was recorded on October 28, dropping to 686.0371.

This high-to-low spread represents a total annual volatility of 82.0854 STD. From a start-to-finish perspective, comparing the January average rate of 751.0277 to the December average rate of 713.9010, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 768.1225 was down 3.36% compared to the 2022 peak of 794.8254, 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 3,840,612 STD

2022 Average 3,725,218 STD

Yearly Trough Low 3,430,186 STD

Transaction Impact: A difference of 410,426.83 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

760.3391

683.8339

JanuMarcMayJulySeptNove

TWD to STD 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 747.1758, compared to 704.7508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.4250 points.

H1 Avg (Jan–Jun) 747.1758

H2 Avg (Jul–Dec) 704.7508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 31.3691 STD (High: 739.9695 / Low: 708.6005). On the other end, May was the most stable month, with a tight range of 6.0225 STD (High: 746.4602 / Low: 740.4376).

July Spread (Volatile) ±31.3691

May Spread (Stable) ±6.0225

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 29.3074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -29.3074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 753.9637) against the same month in 2022 (average: 758.8116), the exchange rate shifted by -4.8479 (-0.64%).

2023 Avg (February) 753.9637

2022 Avg (February) 758.8116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	759.6349	742.6324	751.0277
February	768.1225	743.9128	753.9637
March	752.4004	739.9887	747.0657
April	750.7793	741.9854	746.8798
May	746.4602	740.4376	743.3943
June	745.9113	732.4467	740.7235
July	739.9695	708.6005	729.6075
August	705.1203	696.4825	700.3001
September	699.0435	690.9899	695.7914
October	695.4912	686.0371	690.2093
November	712.0378	687.8839	698.6956
December	726.1806	706.6633	713.9010