YEARLY HIGH
0.6339 TJS
YEARLY LOW
0.5295 TJS
YEARLY AVERAGE
0.5976 TJS

2023 MDL to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6339. Conversely, the yearly low was recorded on January 2, dropping to 0.5295.

This high-to-low spread represents a total annual volatility of 0.1043 TJS. From a start-to-finish perspective, comparing the January average rate of 0.5388 to the December average rate of 0.6214, the exchange rate registered a net change of 15.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6339 was down 11.12% compared to the 2022 peak of 0.7132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,169 TJS
2022 Average 2,914 TJS
Yearly Trough Low 2,648 TJS
Transaction Impact: A difference of 521.62 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6296
0.5306
JanuMarcMayJulySeptNove

MDL 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 0.5816, compared to 0.6136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0320 points.

H1 Avg (Jan–Jun) 0.5816
H2 Avg (Jul–Dec) 0.6136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0661 TJS (High: 0.5965 / Low: 0.5304). On the other end, October was the most stable month, with a tight range of 0.0088 TJS (High: 0.6105 / Low: 0.6017).

March Spread (Volatile) ±0.0661
October Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6214) against the same month in 2022 (average: 0.5249), the exchange rate shifted by +0.0965 (+18.38%).

2023 Avg (December) 0.6214
2022 Avg (December) 0.5249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5492 0.5295 0.5388
February 0.5745 0.5304 0.5536
March 0.5965 0.5304 0.5676
April 0.6108 0.5956 0.6047
May 0.6189 0.6081 0.6146
June 0.6168 0.5973 0.6102
July 0.6334 0.5944 0.6108
August 0.6278 0.6158 0.6208
September 0.6187 0.6019 0.6110
October 0.6105 0.6017 0.6049
November 0.6178 0.6039 0.6125
December 0.6339 0.6079 0.6214