YEARLY HIGH
12.0179 TWD
YEARLY LOW
10.9948 TWD
YEARLY AVERAGE
11.5235 TWD

2023 XCD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 12.0179. Conversely, the yearly low was recorded on February 2, dropping to 10.9948.

This high-to-low spread represents a total annual volatility of 1.0231 TWD. From a start-to-finish perspective, comparing the January average rate of 11.2454 to the December average rate of 11.5496, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.0179 was up 0.47% compared to the 2022 peak of 11.9613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 60,090 TWD
2022 Average 55,103 TWD
Yearly Trough Low 54,974 TWD
Transaction Impact: A difference of 5,115.54 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0197
11.1278
JanuMarcMayJulySeptNove

XCD to TWD 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 11.3038, compared to 11.7433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4395 points.

H1 Avg (Jan–Jun) 11.3038
H2 Avg (Jul–Dec) 11.7433

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.4066 TWD (High: 11.9856 / Low: 11.5791). On the other end, May was the most stable month, with a tight range of 0.0920 TWD (High: 11.4059 / Low: 11.3139).

November Spread (Volatile) ±0.4066
May Spread (Stable) ±0.0920

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2520 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.9454) against the same month in 2022 (average: 11.8218), the exchange rate shifted by +0.1236 (+1.05%).

2023 Avg (October) 11.9454
2022 Avg (October) 11.8218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3722 11.1176 11.2454
February 11.3526 10.9948 11.2022
March 11.4128 11.2245 11.3050
April 11.3821 11.2488 11.3076
May 11.4059 11.3139 11.3606
June 11.5303 11.3222 11.4018
July 11.6352 11.4131 11.5402
August 11.8377 11.6927 11.7733
September 11.9318 11.7943 11.8496
October 12.0179 11.8545 11.9454
November 11.9856 11.5791 11.8016
December 11.6671 11.3536 11.5496