YEARLY HIGH
0.1698 AZN
YEARLY LOW
0.1544 AZN
YEARLY AVERAGE
0.1575 AZN

2023 TJS to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.1698. Conversely, the yearly low was recorded on October 1, dropping to 0.1544.

This high-to-low spread represents a total annual volatility of 0.0153 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1661 to the December average rate of 0.1554, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1698 was down 3.19% compared to the 2022 peak of 0.1754, 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 849 AZN
2022 Average 781 AZN
Yearly Trough Low 772 AZN
Transaction Impact: A difference of 76.74 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1673
0.1537
JanuMarcMayJulySeptNove

TJS to AZN 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 0.1597, compared to 0.1552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1597
H2 Avg (Jul–Dec) 0.1552

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0144 AZN (High: 0.1698 / Low: 0.1554). On the other end, May was the most stable month, with a tight range of 0.0007 AZN (High: 0.1560 / Low: 0.1552).

March Spread (Volatile) ±0.0144
May Spread (Stable) ±0.0007

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 0.0055 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1637) against the same month in 2022 (average: 0.1506), the exchange rate shifted by +0.0131 (+8.69%).

2023 Avg (February) 0.1637
2022 Avg (February) 0.1506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1678 0.1652 0.1661
February 0.1698 0.1583 0.1637
March 0.1698 0.1554 0.1613
April 0.1577 0.1554 0.1559
May 0.1560 0.1552 0.1557
June 0.1566 0.1551 0.1557
July 0.1569 0.1551 0.1556
August 0.1561 0.1545 0.1549
September 0.1553 0.1544 0.1548
October 0.1556 0.1544 0.1550
November 0.1565 0.1547 0.1555
December 0.1560 0.1548 0.1554