YEARLY HIGH
2.9972 TJS
YEARLY LOW
2.7262 TJS
YEARLY AVERAGE
2.9417 TJS

2023 AED to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2.9972. Conversely, the yearly low was recorded on February 25, dropping to 2.7262.

This high-to-low spread represents a total annual volatility of 0.2710 TJS. From a start-to-finish perspective, comparing the January average rate of 2.7858 to the December average rate of 2.9787, the exchange rate registered a net change of 6.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9972 was down 15.61% compared to the 2022 peak of 3.5515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,986 TJS
2022 Average 14,935 TJS
Yearly Trough Low 13,631 TJS
Transaction Impact: A difference of 1,354.79 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0102
2.7654
JanuMarcMayJulySeptNove

AED to TJS 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 2.9010, compared to 2.9823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0813 points.

H1 Avg (Jan–Jun) 2.9010
H2 Avg (Jul–Dec) 2.9823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2524 TJS (High: 2.9787 / Low: 2.7262). On the other end, May was the most stable month, with a tight range of 0.0137 TJS (High: 2.9820 / Low: 2.9683).

March Spread (Volatile) ±0.2524
May Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between January and September, 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 October and November, when the average rate fell by 0.0097 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.9861) against the same month in 2022 (average: 2.7426), the exchange rate shifted by +0.2435 (+8.88%).

2023 Avg (October) 2.9861
2022 Avg (October) 2.7426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8015 2.7585 2.7858
February 2.9247 2.7262 2.8290
March 2.9787 2.7262 2.8745
April 2.9789 2.9361 2.9701
May 2.9820 2.9683 2.9733
June 2.9844 2.9547 2.9735
July 2.9848 2.9505 2.9748
August 2.9966 2.9641 2.9880
September 2.9971 2.9802 2.9898
October 2.9972 2.9749 2.9861
November 2.9912 2.9581 2.9764
December 2.9908 2.9672 2.9787