2023 GMD to TJS Historical Review

YEARLY HIGH

0.1843 TJS

YEARLY LOW

0.1616 TJS

YEARLY AVERAGE

0.1737 TJS

2023 GMD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1843. Conversely, the yearly low was recorded on November 26, dropping to 0.1616.

This high-to-low spread represents a total annual volatility of 0.0227 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1650 to the December average rate of 0.1624, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1843 was down 24.62% compared to the 2022 peak of 0.2445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 922 TJS

2022 Average 995 TJS

Yearly Trough Low 808 TJS

Transaction Impact: A difference of 113.36 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1857

0.1603

JanuMarcMayJulySeptNove

GMD 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 0.1749, compared to 0.1725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1749

H2 Avg (Jul–Dec) 0.1725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0153 TJS (High: 0.1786 / Low: 0.1634). On the other end, June was the most stable month, with a tight range of 0.0019 TJS (High: 0.1843 / Low: 0.1824).

March Spread (Volatile) ±0.0153

June Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0106 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1836) against the same month in 2022 (average: 0.2009), the exchange rate shifted by -0.0173 (-8.62%).

2023 Avg (June) 0.1836

2022 Avg (June) 0.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1676	0.1635	0.1650
February	0.1757	0.1639	0.1701
March	0.1786	0.1634	0.1720
April	0.1822	0.1741	0.1764
May	0.1837	0.1814	0.1827
June	0.1843	0.1824	0.1836
July	0.1839	0.1818	0.1832
August	0.1823	0.1803	0.1812
September	0.1820	0.1689	0.1778
October	0.1710	0.1658	0.1672
November	0.1689	0.1616	0.1634
December	0.1640	0.1617	0.1624