YEARLY HIGH
2.4884 TJS
YEARLY LOW
2.1469 TJS
YEARLY AVERAGE
2.3626 TJS

2023 RON to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 2.4884. Conversely, the yearly low was recorded on February 25, dropping to 2.1469.

This high-to-low spread represents a total annual volatility of 0.3415 TJS. From a start-to-finish perspective, comparing the January average rate of 2.2403 to the December average rate of 2.4036, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4884 was down 14.93% compared to the 2022 peak of 2.9252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,442 TJS
2022 Average 11,752 TJS
Yearly Trough Low 10,734 TJS
Transaction Impact: A difference of 1,707.58 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4658
2.2198
JanuMarcMayJulySeptNove

RON 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 2.3345, compared to 2.3908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0563 points.

H1 Avg (Jan–Jun) 2.3345
H2 Avg (Jul–Dec) 2.3908

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2622 TJS (High: 2.4097 / Low: 2.1475). On the other end, October was the most stable month, with a tight range of 0.0441 TJS (High: 2.3565 / Low: 2.3124).

March Spread (Volatile) ±0.2622
October Spread (Stable) ±0.0441

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 August and September, when the average rate fell by 0.0617 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.4453) against the same month in 2022 (average: 2.1056), the exchange rate shifted by +0.3398 (+16.14%).

2023 Avg (July) 2.4453
2022 Avg (July) 2.1056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2958 2.1786 2.2403
February 2.3335 2.1469 2.2654
March 2.4097 2.1475 2.2950
April 2.4449 2.3812 2.4219
May 2.4496 2.3526 2.3970
June 2.4183 2.3521 2.3871
July 2.4884 2.3885 2.4453
August 2.4458 2.4001 2.4226
September 2.3985 2.3222 2.3609
October 2.3565 2.3124 2.3328
November 2.4143 2.3325 2.3795
December 2.4410 2.3667 2.4036