YEARLY HIGH
0.0852 TJS
YEARLY LOW
0.0697 TJS
YEARLY AVERAGE
0.0775 TJS

2023 KES to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0852. Conversely, the yearly low was recorded on December 29, dropping to 0.0697.

This high-to-low spread represents a total annual volatility of 0.0155 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0825 to the December average rate of 0.0708, the exchange rate registered a net change of -14.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0852 was down 25.44% compared to the 2022 peak of 0.1142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 426 TJS
2022 Average 466 TJS
Yearly Trough Low 349 TJS
Transaction Impact: A difference of 77.27 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0839
0.0696
JanuMarcMayJulySeptNove

KES 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 0.0810, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0810
H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0069 TJS (High: 0.0845 / Low: 0.0776). On the other end, January was the most stable month, with a tight range of 0.0006 TJS (High: 0.0827 / Low: 0.0821).

March Spread (Volatile) ±0.0069
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0827) against the same month in 2022 (average: 0.0993), the exchange rate shifted by -0.0166 (-16.70%).

2023 Avg (February) 0.0827
2022 Avg (February) 0.0993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0827 0.0821 0.0825
February 0.0852 0.0788 0.0827
March 0.0845 0.0776 0.0815
April 0.0824 0.0793 0.0812
May 0.0807 0.0787 0.0796
June 0.0797 0.0773 0.0782
July 0.0785 0.0766 0.0773
August 0.0771 0.0756 0.0764
September 0.0757 0.0741 0.0748
October 0.0744 0.0726 0.0735
November 0.0729 0.0711 0.0720
December 0.0718 0.0697 0.0708