2023 TJS to BAM Historical Review

YEARLY HIGH

0.1853 BAM

YEARLY LOW

0.1588 BAM

YEARLY AVERAGE

0.1675 BAM

2023 TJS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1853. Conversely, the yearly low was recorded on July 18, dropping to 0.1588.

This high-to-low spread represents a total annual volatility of 0.0265 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1777 to the December average rate of 0.1638, the exchange rate registered a net change of -7.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1853 was down 10.87% compared to the 2022 peak of 0.2079, 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 927 BAM

2022 Average 857 BAM

Yearly Trough Low 794 BAM

Transaction Impact: A difference of 132.52 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1792

0.1603

JanuMarcMayJulySeptNove

TJS to BAM 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 0.1700, compared to 0.1650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.1700

H2 Avg (Jul–Dec) 0.1650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0209 BAM (High: 0.1853 / Low: 0.1645). On the other end, October was the most stable month, with a tight range of 0.0024 BAM (High: 0.1700 / Low: 0.1675).

March Spread (Volatile) ±0.0209

October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1734) against the same month in 2022 (average: 0.1432), the exchange rate shifted by +0.0302 (+21.09%).

2023 Avg (March) 0.1734

2022 Avg (March) 0.1432

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1824	0.1747	0.1777
February	0.1849	0.1704	0.1758
March	0.1853	0.1645	0.1734
April	0.1649	0.1620	0.1634
May	0.1670	0.1619	0.1647
June	0.1675	0.1627	0.1653
July	0.1653	0.1588	0.1619
August	0.1648	0.1614	0.1633
September	0.1690	0.1641	0.1665
October	0.1700	0.1675	0.1687
November	0.1693	0.1628	0.1655
December	0.1662	0.1612	0.1638