2023 SRD to TJS Historical Review

YEARLY HIGH

0.3241 TJS

YEARLY LOW

0.2837 TJS

YEARLY AVERAGE

0.2960 TJS

2023 SRD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.3241. Conversely, the yearly low was recorded on July 30, dropping to 0.2837.

This high-to-low spread represents a total annual volatility of 0.0404 TJS. From a start-to-finish perspective, comparing the January average rate of 0.3216 to the December average rate of 0.2928, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3241 was down 48.82% compared to the 2022 peak of 0.6333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,621 TJS

2022 Average 2,343 TJS

Yearly Trough Low 1,419 TJS

Transaction Impact: A difference of 202.12 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3251

0.2832

JanuMarcMayJulySeptNove

SRD 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 0.3037, compared to 0.2882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.3037

H2 Avg (Jul–Dec) 0.2882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0313 TJS (High: 0.3218 / Low: 0.2904). On the other end, October was the most stable month, with a tight range of 0.0034 TJS (High: 0.2889 / Low: 0.2855).

March Spread (Volatile) ±0.0313

October Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0117 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3216) against the same month in 2022 (average: 0.5338), the exchange rate shifted by -0.2122 (-39.75%).

2023 Avg (January) 0.3216

2022 Avg (January) 0.5338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3241	0.3161	0.3216
February	0.3225	0.2954	0.3168
March	0.3218	0.2904	0.3051
April	0.3053	0.2890	0.2966
May	0.2949	0.2885	0.2924
June	0.2937	0.2851	0.2897
July	0.2959	0.2837	0.2876
August	0.2879	0.2842	0.2868
September	0.2882	0.2848	0.2867
October	0.2889	0.2855	0.2875
November	0.2898	0.2848	0.2878
December	0.2984	0.2891	0.2928