2023 MAD to TJS Historical Review

YEARLY HIGH

1.1364 TJS

YEARLY LOW

0.9571 TJS

YEARLY AVERAGE

1.0677 TJS

2023 MAD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 1.1364. Conversely, the yearly low was recorded on March 9, dropping to 0.9571.

This high-to-low spread represents a total annual volatility of 0.1793 TJS. From a start-to-finish perspective, comparing the January average rate of 1.0001 to the December average rate of 1.0895, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1364 was down 15.78% compared to the 2022 peak of 1.3494, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,682 TJS

2022 Average 5,431 TJS

Yearly Trough Low 4,786 TJS

Transaction Impact: A difference of 896.43 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1343

0.9879

JanuMarcMayJulySeptNove

MAD 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 1.0459, compared to 1.0895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 1.0459

H2 Avg (Jul–Dec) 1.0895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1128 TJS (High: 1.0700 / Low: 0.9571). On the other end, October was the most stable month, with a tight range of 0.0171 TJS (High: 1.0764 / Low: 1.0593).

March Spread (Volatile) ±0.1128

October Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0354 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.1221) against the same month in 2022 (average: 0.9969), the exchange rate shifted by +0.1252 (+12.56%).

2023 Avg (July) 1.1221

2022 Avg (July) 0.9969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0149	0.9695	1.0001
February	1.0387	0.9609	1.0088
March	1.0700	0.9571	1.0224
April	1.1030	1.0673	1.0769
May	1.0941	1.0660	1.0804
June	1.1045	1.0705	1.0869
July	1.1364	1.1045	1.1221
August	1.1352	1.0799	1.1087
September	1.0814	1.0638	1.0733
October	1.0764	1.0593	1.0677
November	1.0889	1.0631	1.0760
December	1.1090	1.0721	1.0895