2023 TWD to SZL Historical Review

YEARLY HIGH

0.6464 SZL

YEARLY LOW

0.5501 SZL

YEARLY AVERAGE

0.5922 SZL

2023 TWD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.6464. Conversely, the yearly low was recorded on January 4, dropping to 0.5501.

This high-to-low spread represents a total annual volatility of 0.0963 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5628 to the December average rate of 0.5970, the exchange rate registered a net change of 6.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6464 was up 11.13% compared to the 2022 peak of 0.5817, 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 3,232 SZL

2022 Average 2,746 SZL

Yearly Trough Low 2,751 SZL

Transaction Impact: A difference of 481.28 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6259

0.5571

JanuMarcMayJulySeptNove

TWD to SZL 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 0.5954, compared to 0.5891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.5954

H2 Avg (Jul–Dec) 0.5891

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0582 SZL (High: 0.6461 / Low: 0.5880). On the other end, September was the most stable month, with a tight range of 0.0189 SZL (High: 0.6015 / Low: 0.5827).

June Spread (Volatile) ±0.0582

September Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0231 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.6202) against the same month in 2022 (average: 0.5378), the exchange rate shifted by +0.0824 (+15.32%).

2023 Avg (May) 0.6202

2022 Avg (May) 0.5378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5803	0.5501	0.5628
February	0.6027	0.5719	0.5913
March	0.6101	0.5830	0.5974
April	0.6043	0.5814	0.5933
May	0.6464	0.5966	0.6202
June	0.6461	0.5880	0.6074
July	0.6063	0.5616	0.5843
August	0.6116	0.5701	0.5902
September	0.6015	0.5827	0.5919
October	0.6031	0.5792	0.5907
November	0.6005	0.5675	0.5805
December	0.6126	0.5821	0.5970