YEARLY HIGH
0.8634 TJS
YEARLY LOW
0.7114 TJS
YEARLY AVERAGE
0.8044 TJS

2023 SCR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.8634. Conversely, the yearly low was recorded on March 9, dropping to 0.7114.

This high-to-low spread represents a total annual volatility of 0.1520 TJS. From a start-to-finish perspective, comparing the January average rate of 0.7559 to the December average rate of 0.8145, the exchange rate registered a net change of 7.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8634 was down 11.68% compared to the 2022 peak of 0.9776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,317 TJS
2022 Average 4,045 TJS
Yearly Trough Low 3,557 TJS
Transaction Impact: A difference of 760.16 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8439
0.7479
JanuMarcMayJulySeptNove

SCR 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 0.7870, compared to 0.8218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 0.7870
H2 Avg (Jul–Dec) 0.8218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1282 TJS (High: 0.8396 / Low: 0.7114). On the other end, August was the most stable month, with a tight range of 0.0293 TJS (High: 0.8333 / Low: 0.8041).

March Spread (Volatile) ±0.1282
August Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0126 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.8359) against the same month in 2022 (average: 0.7511), the exchange rate shifted by +0.0848 (+11.29%).

2023 Avg (September) 0.8359
2022 Avg (September) 0.7511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7848 0.7232 0.7559
February 0.8216 0.7317 0.7670
March 0.8396 0.7114 0.7851
April 0.8463 0.7780 0.8077
May 0.8320 0.7759 0.8091
June 0.8323 0.7713 0.7973
July 0.8397 0.7658 0.8179
August 0.8333 0.8041 0.8208
September 0.8634 0.8058 0.8359
October 0.8582 0.7966 0.8233
November 0.8395 0.7947 0.8185
December 0.8474 0.7836 0.8145