2023 MXN to TJS Historical Review

YEARLY HIGH

0.6568 TJS

YEARLY LOW

0.5205 TJS

YEARLY AVERAGE

0.6104 TJS

2023 MXN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.6568. Conversely, the yearly low was recorded on January 2, dropping to 0.5205.

This high-to-low spread represents a total annual volatility of 0.1363 TJS. From a start-to-finish perspective, comparing the January average rate of 0.5396 to the December average rate of 0.6373, the exchange rate registered a net change of 18.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6568 was up 0.39% compared to the 2022 peak of 0.6543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 32,841 TJS

2022 Average 27,279 TJS

Yearly Trough Low 26,027 TJS

Transaction Impact: A difference of 6,814.10 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6568

0.5290

JanuMarcMayJulySeptNove

MXN 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 0.5875, compared to 0.6333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 0.5875

H2 Avg (Jul–Dec) 0.6333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0645 TJS (High: 0.6059 / Low: 0.5415). On the other end, April was the most stable month, with a tight range of 0.0102 TJS (High: 0.6069 / Low: 0.5967).

March Spread (Volatile) ±0.0645

April Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0285 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.6461) against the same month in 2022 (average: 0.5075), the exchange rate shifted by +0.1387 (+27.33%).

2023 Avg (August) 0.6461

2022 Avg (August) 0.5075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5480	0.5205	0.5396
February	0.5842	0.5371	0.5589
March	0.6059	0.5415	0.5735
April	0.6069	0.5967	0.6037
May	0.6266	0.6066	0.6159
June	0.6398	0.6221	0.6334
July	0.6549	0.6332	0.6458
August	0.6568	0.6322	0.6461
September	0.6432	0.6217	0.6349
October	0.6323	0.5984	0.6065
November	0.6376	0.6163	0.6292
December	0.6463	0.6256	0.6373