2023 NZD to TJS Historical Review

YEARLY HIGH

6.9909 TJS

YEARLY LOW

6.1091 TJS

YEARLY AVERAGE

6.6339 TJS

2023 NZD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 6.9909. Conversely, the yearly low was recorded on March 9, dropping to 6.1091.

This high-to-low spread represents a total annual volatility of 0.8819 TJS. From a start-to-finish perspective, comparing the January average rate of 6.5546 to the December average rate of 6.8139, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9909 was down 23.02% compared to the 2022 peak of 9.0811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,955 TJS

2022 Average 35,016 TJS

Yearly Trough Low 30,545 TJS

Transaction Impact: A difference of 4,409.28 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8487

6.4309

JanuMarcMayJulySeptNove

NZD 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 6.6479, compared to 6.6198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0281 points.

H1 Avg (Jan–Jun) 6.6479

H2 Avg (Jul–Dec) 6.6198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7378 TJS (High: 6.8468 / Low: 6.1091). On the other end, September was the most stable month, with a tight range of 0.1560 TJS (High: 6.5997 / Low: 6.4437).

March Spread (Volatile) ±0.7378

September Spread (Stable) ±0.1560

Growth Streaks & Declines

Trends

Between February and May, 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 0.2281 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6.8001) against the same month in 2022 (average: 6.3289), the exchange rate shifted by +0.4712 (+7.45%).

2023 Avg (July) 6.8001

2022 Avg (July) 6.3289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6735	6.3570	6.5546
February	6.7209	6.1603	6.5261
March	6.8468	6.1091	6.5542
April	6.9111	6.6531	6.7734
May	6.9616	6.5737	6.7780
June	6.8096	6.5977	6.7012
July	6.9909	6.6582	6.8001
August	6.7285	6.4811	6.5720
September	6.5997	6.4437	6.5100
October	6.6308	6.3570	6.4657
November	6.7275	6.4348	6.5569
December	6.9462	6.6896	6.8139