2023 TWD to WST Historical Review

YEARLY HIGH

0.0913 WST

YEARLY LOW

0.0839 WST

YEARLY AVERAGE

0.0877 WST

2023 TWD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0913. Conversely, the yearly low was recorded on October 18, dropping to 0.0839.

This high-to-low spread represents a total annual volatility of 0.0074 WST. From a start-to-finish perspective, comparing the January average rate of 0.0888 to the December average rate of 0.0897, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0913 was down 3.69% compared to the 2022 peak of 0.0947, 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 456 WST

2022 Average 450 WST

Yearly Trough Low 419 WST

Transaction Impact: A difference of 36.97 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0902

0.0844

JanuMarcMayJulySeptNove

TWD to WST 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 0.0888, compared to 0.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0888

H2 Avg (Jul–Dec) 0.0867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0030 WST (High: 0.0895 / Low: 0.0864). On the other end, May was the most stable month, with a tight range of 0.0007 WST (High: 0.0891 / Low: 0.0884).

November Spread (Volatile) ±0.0030

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0897) against the same month in 2022 (average: 0.0880), the exchange rate shifted by +0.0017 (+1.96%).

2023 Avg (December) 0.0897

2022 Avg (December) 0.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0898	0.0878	0.0888
February	0.0908	0.0879	0.0891
March	0.0892	0.0875	0.0883
April	0.0897	0.0886	0.0892
May	0.0891	0.0884	0.0888
June	0.0891	0.0875	0.0885
July	0.0884	0.0865	0.0874
August	0.0860	0.0850	0.0854
September	0.0853	0.0843	0.0849
October	0.0868	0.0839	0.0852
November	0.0895	0.0864	0.0878
December	0.0913	0.0888	0.0897