2023 CVE to TJS Historical Review

YEARLY HIGH

0.1117 TJS

YEARLY LOW

0.0957 TJS

YEARLY AVERAGE

0.1059 TJS

2023 CVE to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.1117. Conversely, the yearly low was recorded on March 8, dropping to 0.0957.

This high-to-low spread represents a total annual volatility of 0.0160 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0999 to the December average rate of 0.1081, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1117 was down 14.52% compared to the 2022 peak of 0.1307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 558 TJS

2022 Average 524 TJS

Yearly Trough Low 479 TJS

Transaction Impact: A difference of 79.95 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1104

0.0989

JanuMarcMayJulySeptNove

CVE 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 0.1043, compared to 0.1074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1043

H2 Avg (Jul–Dec) 0.1074

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0122 TJS (High: 0.1079 / Low: 0.0957). On the other end, October was the most stable month, with a tight range of 0.0018 TJS (High: 0.1059 / Low: 0.1041).

March Spread (Volatile) ±0.0122

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1095) against the same month in 2022 (average: 0.0948), the exchange rate shifted by +0.0146 (+15.42%).

2023 Avg (July) 0.1095

2022 Avg (July) 0.0948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1014	0.0974	0.0999
February	0.1041	0.0959	0.1008
March	0.1079	0.0957	0.1025
April	0.1095	0.1074	0.1083
May	0.1090	0.1057	0.1074
June	0.1084	0.1043	0.1070
July	0.1117	0.1068	0.1095
August	0.1099	0.1076	0.1085
September	0.1081	0.1048	0.1063
October	0.1059	0.1041	0.1050
November	0.1087	0.1046	0.1069
December	0.1099	0.1057	0.1081