YEARLY HIGH
12.2987 TJS
YEARLY LOW
10.5630 TJS
YEARLY AVERAGE
11.6946 TJS

2023 EUR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 12.2987. Conversely, the yearly low was recorded on March 7, dropping to 10.5630.

This high-to-low spread represents a total annual volatility of 1.7357 TJS. From a start-to-finish perspective, comparing the January average rate of 11.0385 to the December average rate of 11.9494, the exchange rate registered a net change of 8.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.2987 was down 15.04% compared to the 2022 peak of 14.4757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,494 TJS
2022 Average 57,963 TJS
Yearly Trough Low 52,815 TJS
Transaction Impact: A difference of 8,678.63 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.1877
10.9340
JanuMarcMayJulySeptNove

EUR 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 11.5307, compared to 11.8584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3277 points.

H1 Avg (Jan–Jun) 11.5307
H2 Avg (Jul–Dec) 11.8584

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.3463 TJS (High: 11.9093 / Low: 10.5630). On the other end, October was the most stable month, with a tight range of 0.2072 TJS (High: 11.7122 / Low: 11.5050).

March Spread (Volatile) ±1.3463
October Spread (Stable) ±0.2072

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 0.2471 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.0832) against the same month in 2022 (average: 10.3984), the exchange rate shifted by +1.6848 (+16.20%).

2023 Avg (July) 12.0832
2022 Avg (July) 10.3984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2163 10.7409 11.0385
February 11.4753 10.5676 11.1208
March 11.9093 10.5630 11.3153
April 12.1559 11.7784 11.9863
May 12.2419 11.6717 11.8798
June 12.0018 11.6760 11.8437
July 12.2987 11.8488 12.0832
August 12.0934 11.8511 11.9738
September 11.8622 11.5522 11.7266
October 11.7122 11.5050 11.5884
November 12.0029 11.5907 11.8292
December 12.1368 11.7708 11.9494