2023 TWD to XCD Historical Review

YEARLY HIGH

0.0910 XCD

YEARLY LOW

0.0832 XCD

YEARLY AVERAGE

0.0868 XCD

2023 TWD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0910. Conversely, the yearly low was recorded on October 28, dropping to 0.0832.

This high-to-low spread represents a total annual volatility of 0.0077 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0889 to the December average rate of 0.0866, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0910 was down 7.66% compared to the 2022 peak of 0.0985, 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 455 XCD

2022 Average 455 XCD

Yearly Trough Low 416 XCD

Transaction Impact: A difference of 38.71 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0898

0.0832

JanuMarcMayJulySeptNove

TWD to XCD 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 0.0885, compared to 0.0852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0885

H2 Avg (Jul–Dec) 0.0852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0029 XCD (High: 0.0864 / Low: 0.0834). On the other end, May was the most stable month, with a tight range of 0.0007 XCD (High: 0.0884 / Low: 0.0877).

November Spread (Volatile) ±0.0029

May Spread (Stable) ±0.0007

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 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0893) against the same month in 2022 (average: 0.0970), the exchange rate shifted by -0.0077 (-7.94%).

2023 Avg (February) 0.0893

2022 Avg (February) 0.0970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0899	0.0879	0.0889
February	0.0910	0.0881	0.0893
March	0.0891	0.0876	0.0885
April	0.0889	0.0879	0.0884
May	0.0884	0.0877	0.0880
June	0.0883	0.0867	0.0877
July	0.0876	0.0859	0.0867
August	0.0855	0.0845	0.0849
September	0.0848	0.0838	0.0844
October	0.0844	0.0832	0.0837
November	0.0864	0.0834	0.0847
December	0.0881	0.0857	0.0866