YEARLY HIGH
0.0836 TJS
YEARLY LOW
0.0755 TJS
YEARLY AVERAGE
0.0818 TJS

2023 NPR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0836. Conversely, the yearly low was recorded on February 27, dropping to 0.0755.

This high-to-low spread represents a total annual volatility of 0.0080 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0782 to the December average rate of 0.0821, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0836 was down 22.21% compared to the 2022 peak of 0.1075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 418 TJS
2022 Average 438 TJS
Yearly Trough Low 378 TJS
Transaction Impact: A difference of 40.24 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0838
0.0777
JanuMarcMayJulySeptNove

NPR 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 0.0810, compared to 0.0826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0810
H2 Avg (Jul–Dec) 0.0826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0075 TJS (High: 0.0832 / Low: 0.0757). On the other end, December was the most stable month, with a tight range of 0.0005 TJS (High: 0.0823 / Low: 0.0817).

March Spread (Volatile) ±0.0075
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0832) against the same month in 2022 (average: 0.0802), the exchange rate shifted by +0.0030 (+3.70%).

2023 Avg (July) 0.0832
2022 Avg (July) 0.0802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0789 0.0765 0.0782
February 0.0812 0.0755 0.0786
March 0.0832 0.0757 0.0803
April 0.0835 0.0829 0.0832
May 0.0836 0.0824 0.0829
June 0.0834 0.0826 0.0831
July 0.0836 0.0823 0.0832
August 0.0834 0.0823 0.0828
September 0.0830 0.0825 0.0827
October 0.0827 0.0821 0.0824
November 0.0824 0.0818 0.0821
December 0.0823 0.0817 0.0821