YEARLY HIGH
0.0710 TJS
YEARLY LOW
0.0578 TJS
YEARLY AVERAGE
0.0621 TJS

2023 LRD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0710. Conversely, the yearly low was recorded on November 26, dropping to 0.0578.

This high-to-low spread represents a total annual volatility of 0.0132 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0581, the exchange rate registered a net change of -11.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0710 was down 16.67% compared to the 2022 peak of 0.0852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 355 TJS
2022 Average 359 TJS
Yearly Trough Low 289 TJS
Transaction Impact: A difference of 66.00 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0677
0.0572
JanuMarcMayJulySeptNove

LRD 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 0.0656, compared to 0.0587 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) 0.0656
H2 Avg (Jul–Dec) 0.0587

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0086 TJS (High: 0.0710 / Low: 0.0624). On the other end, September was the most stable month, with a tight range of 0.0004 TJS (High: 0.0592 / Low: 0.0587).

March Spread (Volatile) ±0.0086
September Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0662) against the same month in 2022 (average: 0.0811), the exchange rate shifted by -0.0149 (-18.33%).

2023 Avg (March) 0.0662
2022 Avg (March) 0.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0666 0.0655 0.0659
February 0.0699 0.0630 0.0664
March 0.0710 0.0624 0.0662
April 0.0673 0.0652 0.0669
May 0.0660 0.0645 0.0654
June 0.0647 0.0607 0.0626
July 0.0607 0.0586 0.0595
August 0.0591 0.0583 0.0589
September 0.0592 0.0587 0.0589
October 0.0590 0.0583 0.0587
November 0.0586 0.0578 0.0582
December 0.0586 0.0579 0.0581