2023 FKP to TJS Historical Review

YEARLY HIGH

14.3594 TJS

YEARLY LOW

11.8430 TJS

YEARLY AVERAGE

13.4409 TJS

2023 FKP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 14.3594. Conversely, the yearly low was recorded on March 7, dropping to 11.8430.

This high-to-low spread represents a total annual volatility of 2.5165 TJS. From a start-to-finish perspective, comparing the January average rate of 12.5286 to the December average rate of 13.8558, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.3594 was down 16.56% compared to the 2022 peak of 17.2084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,797 TJS

2022 Average 68,108 TJS

Yearly Trough Low 59,215 TJS

Transaction Impact: A difference of 12,582.29 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2268

12.3743

JanuMarcMayJulySeptNove

FKP 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 13.1477, compared to 13.7341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5864 points.

H1 Avg (Jan–Jun) 13.1477

H2 Avg (Jul–Dec) 13.7341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.6849 TJS (High: 13.5279 / Low: 11.8430). On the other end, August was the most stable month, with a tight range of 0.2107 TJS (High: 14.0228 / Low: 13.8121).

March Spread (Volatile) ±1.6849

August Spread (Stable) ±0.2107

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3362 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.0724) against the same month in 2022 (average: 12.2497), the exchange rate shifted by +1.8227 (+14.88%).

2023 Avg (July) 14.0724

2022 Avg (July) 12.2497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7579	12.1588	12.5286
February	12.9728	11.9626	12.5358
March	13.5279	11.8430	12.8208
April	13.7366	13.3937	13.5754
May	13.8016	13.4456	13.6233
June	14.0235	13.5520	13.8024
July	14.3594	13.7867	14.0724
August	14.0228	13.8121	13.9394
September	13.8754	13.3424	13.6032
October	13.5303	13.2584	13.3485
November	13.8785	13.3369	13.5855
December	13.9704	13.7005	13.8558