YEARLY HIGH
0.3668 AED
YEARLY LOW
0.3336 AED
YEARLY AVERAGE
0.3402 AED

2023 TJS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.3668. Conversely, the yearly low was recorded on October 1, dropping to 0.3336.

This high-to-low spread represents a total annual volatility of 0.0332 AED. From a start-to-finish perspective, comparing the January average rate of 0.3590 to the December average rate of 0.3357, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3668 was down 3.19% compared to the 2022 peak of 0.3789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,834 AED
2022 Average 1,688 AED
Yearly Trough Low 1,668 AED
Transaction Impact: A difference of 165.81 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3614
0.3320
JanuMarcMayJulySeptNove

TJS to AED 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 0.3451, compared to 0.3353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.3451
H2 Avg (Jul–Dec) 0.3353

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0311 AED (High: 0.3668 / Low: 0.3357). On the other end, May was the most stable month, with a tight range of 0.0016 AED (High: 0.3369 / Low: 0.3353).

March Spread (Volatile) ±0.0311
May Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3536) against the same month in 2022 (average: 0.3254), the exchange rate shifted by +0.0283 (+8.69%).

2023 Avg (February) 0.3536
2022 Avg (February) 0.3254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3625 0.3570 0.3590
February 0.3668 0.3419 0.3536
March 0.3668 0.3357 0.3485
April 0.3406 0.3357 0.3367
May 0.3369 0.3353 0.3363
June 0.3384 0.3351 0.3363
July 0.3389 0.3350 0.3362
August 0.3374 0.3337 0.3347
September 0.3356 0.3337 0.3345
October 0.3361 0.3336 0.3349
November 0.3381 0.3343 0.3360
December 0.3370 0.3344 0.3357