2023 ETB to TJS Historical Review

YEARLY HIGH

0.2032 TJS

YEARLY LOW

0.1861 TJS

YEARLY AVERAGE

0.1974 TJS

2023 ETB to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.2032. Conversely, the yearly low was recorded on March 5, dropping to 0.1861.

This high-to-low spread represents a total annual volatility of 0.0171 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1908 to the December average rate of 0.1948, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2032 was down 20.68% compared to the 2022 peak of 0.2562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,016 TJS

2022 Average 1,058 TJS

Yearly Trough Low 930 TJS

Transaction Impact: A difference of 85.69 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2024

0.1897

JanuMarcMayJulySeptNove

ETB 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 0.1971, compared to 0.1976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1971

H2 Avg (Jul–Dec) 0.1976

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0171 TJS (High: 0.2032 / Low: 0.1861). On the other end, September was the most stable month, with a tight range of 0.0008 TJS (High: 0.1993 / Low: 0.1985).

March Spread (Volatile) ±0.0171

September Spread (Stable) ±0.0008

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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1964) against the same month in 2022 (average: 0.2435), the exchange rate shifted by -0.0471 (-19.33%).

2023 Avg (March) 0.1964

2022 Avg (March) 0.2435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1922	0.1890	0.1908
February	0.1998	0.1862	0.1935
March	0.2032	0.1861	0.1964
April	0.2025	0.2001	0.2013
May	0.2019	0.2001	0.2008
June	0.2009	0.1992	0.2001
July	0.2004	0.1983	0.1993
August	0.2005	0.1987	0.1993
September	0.1993	0.1985	0.1989
October	0.1986	0.1958	0.1972
November	0.1978	0.1943	0.1961
December	0.1966	0.1939	0.1948