YEARLY HIGH
0.2946 SVC
YEARLY LOW
0.2688 SVC
YEARLY AVERAGE
0.2810 SVC

2023 TWD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2946. Conversely, the yearly low was recorded on October 28, dropping to 0.2688.

This high-to-low spread represents a total annual volatility of 0.0258 SVC. From a start-to-finish perspective, comparing the January average rate of 0.2879 to the December average rate of 0.2806, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2946 was down 7.62% compared to the 2022 peak of 0.3188, 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 1,473 SVC
2022 Average 1,472 SVC
Yearly Trough Low 1,344 SVC
Transaction Impact: A difference of 128.87 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2909
0.2690
JanuMarcMayJulySeptNove

TWD to SVC 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 0.2863, compared to 0.2757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.2863
H2 Avg (Jul–Dec) 0.2757

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0100 SVC (High: 0.2794 / Low: 0.2694). On the other end, May was the most stable month, with a tight range of 0.0031 SVC (High: 0.2861 / Low: 0.2830).

November Spread (Volatile) ±0.0100
May Spread (Stable) ±0.0031

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 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2891) against the same month in 2022 (average: 0.3140), the exchange rate shifted by -0.0249 (-7.92%).

2023 Avg (February) 0.2891
2022 Avg (February) 0.3140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2912 0.2847 0.2879
February 0.2946 0.2851 0.2891
March 0.2887 0.2816 0.2860
April 0.2882 0.2807 0.2860
May 0.2861 0.2830 0.2849
June 0.2862 0.2805 0.2839
July 0.2835 0.2776 0.2802
August 0.2770 0.2734 0.2750
September 0.2747 0.2712 0.2732
October 0.2733 0.2688 0.2708
November 0.2794 0.2694 0.2740
December 0.2864 0.2775 0.2806