2023 RSD to TJS Historical Review

YEARLY HIGH

0.1049 TJS

YEARLY LOW

0.0900 TJS

YEARLY AVERAGE

0.0997 TJS

2023 RSD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1049. Conversely, the yearly low was recorded on February 25, dropping to 0.0900.

This high-to-low spread represents a total annual volatility of 0.0149 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.1019, the exchange rate registered a net change of 8.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1049 was down 14.70% compared to the 2022 peak of 0.1230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 524 TJS

2022 Average 493 TJS

Yearly Trough Low 450 TJS

Transaction Impact: A difference of 74.30 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1040

0.0931

JanuMarcMayJulySeptNove

RSD 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 0.0983, compared to 0.1011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0983

H2 Avg (Jul–Dec) 0.1011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0115 TJS (High: 0.1015 / Low: 0.0900). On the other end, October was the most stable month, with a tight range of 0.0019 TJS (High: 0.1000 / Low: 0.0981).

March Spread (Volatile) ±0.0115

October Spread (Stable) ±0.0019

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 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1031) against the same month in 2022 (average: 0.0886), the exchange rate shifted by +0.0145 (+16.34%).

2023 Avg (July) 0.1031

2022 Avg (July) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0955	0.0915	0.0940
February	0.0978	0.0900	0.0948
March	0.1015	0.0900	0.0965
April	0.1029	0.1007	0.1020
May	0.1032	0.0995	0.1012
June	0.1023	0.0996	0.1010
July	0.1049	0.1011	0.1031
August	0.1030	0.1010	0.1021
September	0.1012	0.0985	0.1000
October	0.1000	0.0981	0.0988
November	0.1023	0.0989	0.1009
December	0.1036	0.1004	0.1019