2023 JOD to TJS Historical Review

YEARLY HIGH

15.5501 TJS

YEARLY LOW

14.1114 TJS

YEARLY AVERAGE

15.2338 TJS

2023 JOD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 15.5501. Conversely, the yearly low was recorded on February 27, dropping to 14.1114.

This high-to-low spread represents a total annual volatility of 1.4387 TJS. From a start-to-finish perspective, comparing the January average rate of 14.4230 to the December average rate of 15.4196, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.5501 was down 15.48% compared to the 2022 peak of 18.3987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,751 TJS

2022 Average 77,364 TJS

Yearly Trough Low 70,557 TJS

Transaction Impact: A difference of 7,193.46 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.6091

14.3151

JanuMarcMayJulySeptNove

JOD 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 15.0183, compared to 15.4493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4309 points.

H1 Avg (Jan–Jun) 15.0183

H2 Avg (Jul–Dec) 15.4493

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.3058 TJS (High: 15.4213 / Low: 14.1154). On the other end, May was the most stable month, with a tight range of 0.0715 TJS (High: 15.4343 / Low: 15.3628).

March Spread (Volatile) ±1.3058

May Spread (Stable) ±0.0715

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0485 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 15.5013) against the same month in 2022 (average: 14.4095), the exchange rate shifted by +1.0917 (+7.58%).

2023 Avg (August) 15.5013

2022 Avg (August) 14.4095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.5049	14.2710	14.4230
February	15.1426	14.1114	14.6459
March	15.4213	14.1154	14.8798
April	15.4216	15.1976	15.3761
May	15.4343	15.3628	15.3900
June	15.4539	15.2962	15.3953
July	15.4695	15.2767	15.4068
August	15.5501	15.3752	15.5013
September	15.5375	15.4341	15.4963
October	15.5139	15.4053	15.4600
November	15.4895	15.3182	15.4116
December	15.4836	15.3617	15.4196