2023 BMD to TJS Historical Review

YEARLY HIGH

11.0086 TJS

YEARLY LOW

10.0135 TJS

YEARLY AVERAGE

10.8041 TJS

2023 BMD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 11.0086. Conversely, the yearly low was recorded on March 12, dropping to 10.0135.

This high-to-low spread represents a total annual volatility of 0.9952 TJS. From a start-to-finish perspective, comparing the January average rate of 10.2320 to the December average rate of 10.9392, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0086 was down 15.61% compared to the 2022 peak of 13.0447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,043 TJS

2022 Average 54,856 TJS

Yearly Trough Low 50,067 TJS

Transaction Impact: A difference of 4,975.88 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.0564

10.1570

JanuMarcMayJulySeptNove

BMD 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 10.6546, compared to 10.9537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2990 points.

H1 Avg (Jan–Jun) 10.6546

H2 Avg (Jul–Dec) 10.9537

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9264 TJS (High: 10.9398 / Low: 10.0135). On the other end, May was the most stable month, with a tight range of 0.0507 TJS (High: 10.9506 / Low: 10.8999).

March Spread (Volatile) ±0.9264

May Spread (Stable) ±0.0507

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 0.0360 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 10.9814) against the same month in 2022 (average: 10.0689), the exchange rate shifted by +0.9125 (+9.06%).

2023 Avg (September) 10.9814

2022 Avg (September) 10.0689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2898	10.1310	10.2320
February	10.7421	10.0135	10.3908
March	10.9398	10.0135	10.5572
April	10.9401	10.7812	10.9075
May	10.9506	10.8999	10.9186
June	10.9614	10.8526	10.9216
July	10.9632	10.8373	10.9265
August	11.0064	10.8872	10.9750
September	11.0086	10.9459	10.9814
October	11.0086	10.9270	10.9679
November	10.9867	10.8652	10.9319
December	10.9841	10.8976	10.9392