2023 MVR to TJS Historical Review

YEARLY HIGH

0.7180 TJS

YEARLY LOW

0.6519 TJS

YEARLY AVERAGE

0.7029 TJS

2023 MVR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.7180. Conversely, the yearly low was recorded on March 12, dropping to 0.6519.

This high-to-low spread represents a total annual volatility of 0.0660 TJS. From a start-to-finish perspective, comparing the January average rate of 0.6651 to the December average rate of 0.7116, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7180 was down 15.24% compared to the 2022 peak of 0.8471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,590 TJS

2022 Average 3,556 TJS

Yearly Trough Low 3,260 TJS

Transaction Impact: A difference of 330.25 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7188

0.6602

JanuMarcMayJulySeptNove

MVR 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 0.6937, compared to 0.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 0.6937

H2 Avg (Jul–Dec) 0.7121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0601 TJS (High: 0.7120 / Low: 0.6519). On the other end, December was the most stable month, with a tight range of 0.0046 TJS (High: 0.7136 / Low: 0.7090).

March Spread (Volatile) ±0.0601

December Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0017 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7115) against the same month in 2022 (average: 0.6529), the exchange rate shifted by +0.0586 (+8.98%).

2023 Avg (November) 0.7115

2022 Avg (November) 0.6529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6699	0.6579	0.6651
February	0.6994	0.6519	0.6768
March	0.7120	0.6519	0.6866
April	0.7127	0.7019	0.7102
May	0.7157	0.7097	0.7115
June	0.7141	0.7089	0.7118
July	0.7141	0.7037	0.7106
August	0.7165	0.7093	0.7140
September	0.7149	0.7090	0.7123
October	0.7172	0.7101	0.7128
November	0.7180	0.7037	0.7115
December	0.7136	0.7090	0.7116