YEARLY HIGH
0.0085 TJS
YEARLY LOW
0.0069 TJS
YEARLY AVERAGE
0.0080 TJS

2023 IQD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0085. Conversely, the yearly low was recorded on March 4, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0016 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0083, the exchange rate registered a net change of 19.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0085 was down 5.40% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 TJS
2022 Average 38 TJS
Yearly Trough Low 34 TJS
Transaction Impact: A difference of 8.00 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0085
0.0069
JanuMarcMayJulySeptNove

IQD 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 0.0076, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0076
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0009 TJS (High: 0.0083 / Low: 0.0074). On the other end, September was the most stable month, with a tight range of 0.0000 TJS (High: 0.0084 / Low: 0.0084).

April Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0084) against the same month in 2022 (average: 0.0069), the exchange rate shifted by +0.0015 (+21.25%).

2023 Avg (November) 0.0084
2022 Avg (November) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0069 0.0070
February 0.0074 0.0069 0.0071
March 0.0075 0.0069 0.0072
April 0.0083 0.0074 0.0075
May 0.0084 0.0075 0.0083
June 0.0084 0.0083 0.0083
July 0.0084 0.0083 0.0083
August 0.0084 0.0083 0.0084
September 0.0084 0.0084 0.0084
October 0.0084 0.0083 0.0084
November 0.0085 0.0083 0.0084
December 0.0084 0.0083 0.0083