2023 PEN to TJS Historical Review

YEARLY HIGH

3.0734 TJS

YEARLY LOW

2.6254 TJS

YEARLY AVERAGE

2.8905 TJS

2023 PEN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 3.0734. Conversely, the yearly low was recorded on February 27, dropping to 2.6254.

This high-to-low spread represents a total annual volatility of 0.4479 TJS. From a start-to-finish perspective, comparing the January average rate of 2.6764 to the December average rate of 2.9281, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0734 was down 12.85% compared to the 2022 peak of 3.5263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,367 TJS

2022 Average 14,337 TJS

Yearly Trough Low 13,127 TJS

Transaction Impact: A difference of 2,239.55 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0726

2.6404

JanuMarcMayJulySeptNove

PEN 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 2.8404, compared to 2.9406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 2.8404

H2 Avg (Jul–Dec) 2.9406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2699 TJS (High: 2.9088 / Low: 2.6389). On the other end, May was the most stable month, with a tight range of 0.0612 TJS (High: 2.9983 / Low: 2.9371).

March Spread (Volatile) ±0.2699

May Spread (Stable) ±0.0612

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0919 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3.0366) against the same month in 2022 (average: 2.6183), the exchange rate shifted by +0.4183 (+15.97%).

2023 Avg (July) 3.0366

2022 Avg (July) 2.6183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7094	2.6338	2.6764
February	2.8125	2.6254	2.7076
March	2.9088	2.6389	2.7951
April	2.9489	2.8823	2.9033
May	2.9983	2.9371	2.9641
June	3.0275	2.9628	2.9956
July	3.0734	3.0042	3.0366
August	3.0390	2.9442	2.9731
September	2.9744	2.8967	2.9491
October	2.9002	2.8256	2.8572
November	2.9304	2.8287	2.8994
December	2.9687	2.8859	2.9281