2023 INR to TJS Historical Review

YEARLY HIGH

0.1337 TJS

YEARLY LOW

0.1207 TJS

YEARLY AVERAGE

0.1308 TJS

2023 INR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1337. Conversely, the yearly low was recorded on February 26, dropping to 0.1207.

This high-to-low spread represents a total annual volatility of 0.0130 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1314, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1337 was down 22.03% compared to the 2022 peak of 0.1715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 33,434 TJS

2022 Average 35,017 TJS

Yearly Trough Low 30,186 TJS

Transaction Impact: A difference of 3,248.29 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1339

0.1244

JanuMarcMayJulySeptNove

INR 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 0.1297, compared to 0.1320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1297

H2 Avg (Jul–Dec) 0.1320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0115 TJS (High: 0.1330 / Low: 0.1215). On the other end, September was the most stable month, with a tight range of 0.0011 TJS (High: 0.1329 / Low: 0.1317).

March Spread (Volatile) ±0.0115

September Spread (Stable) ±0.0011

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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1331) against the same month in 2022 (average: 0.1645), the exchange rate shifted by -0.0314 (-19.11%).

2023 Avg (April) 0.1331

2022 Avg (April) 0.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1266	0.1225	0.1252
February	0.1299	0.1207	0.1257
March	0.1330	0.1215	0.1284
April	0.1337	0.1319	0.1331
May	0.1336	0.1315	0.1326
June	0.1334	0.1321	0.1329
July	0.1336	0.1314	0.1329
August	0.1332	0.1317	0.1325
September	0.1329	0.1317	0.1322
October	0.1326	0.1312	0.1318
November	0.1321	0.1306	0.1313
December	0.1323	0.1307	0.1314