YEARLY HIGH
0.6200 TJS
YEARLY LOW
0.5384 TJS
YEARLY AVERAGE
0.5845 TJS

2023 NAD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 0.6200. Conversely, the yearly low was recorded on March 8, dropping to 0.5384.

This high-to-low spread represents a total annual volatility of 0.0817 TJS. From a start-to-finish perspective, comparing the January average rate of 0.5991 to the December average rate of 0.5856, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6200 was down 30.84% compared to the 2022 peak of 0.8965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,100 TJS
2022 Average 3,394 TJS
Yearly Trough Low 2,692 TJS
Transaction Impact: A difference of 408.29 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6032
0.5668
JanuMarcMayJulySeptNove

NAD 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 0.5857, compared to 0.5832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.5857
H2 Avg (Jul–Dec) 0.5832

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0722 TJS (High: 0.6106 / Low: 0.5384). On the other end, September was the most stable month, with a tight range of 0.0150 TJS (High: 0.5862 / Low: 0.5711).

March Spread (Volatile) ±0.0722
September Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0277 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5992) against the same month in 2022 (average: 0.6344), the exchange rate shifted by -0.0352 (-5.55%).

2023 Avg (July) 0.5992
2022 Avg (July) 0.6344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6086 0.5929 0.5991
February 0.6039 0.5436 0.5814
March 0.6106 0.5384 0.5777
April 0.6149 0.5891 0.6001
May 0.5972 0.5534 0.5724
June 0.6011 0.5538 0.5833
July 0.6200 0.5761 0.5992
August 0.6007 0.5538 0.5825
September 0.5862 0.5711 0.5788
October 0.5854 0.5414 0.5698
November 0.6013 0.5469 0.5833
December 0.6009 0.5713 0.5856