2023 TJS to BGN Historical Review

YEARLY HIGH

0.1852 BGN

YEARLY LOW

0.1591 BGN

YEARLY AVERAGE

0.1675 BGN

2023 TJS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1852. Conversely, the yearly low was recorded on July 18, dropping to 0.1591.

This high-to-low spread represents a total annual volatility of 0.0260 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1773 to the December average rate of 0.1637, the exchange rate registered a net change of -7.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1852 was down 10.16% compared to the 2022 peak of 0.2061, 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 926 BGN

2022 Average 857 BGN

Yearly Trough Low 796 BGN

Transaction Impact: A difference of 130.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1788

0.1603

JanuMarcMayJulySeptNove

TJS to BGN 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 0.0050 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 0.0208 BGN (High: 0.1852 / Low: 0.1644). On the other end, April was the most stable month, with a tight range of 0.0029 BGN (High: 0.1648 / Low: 0.1619).

March Spread (Volatile) ±0.0208

April Spread (Stable) ±0.0029

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 0.0099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1733) against the same month in 2022 (average: 0.1433), the exchange rate shifted by +0.0300 (+20.92%).

2023 Avg (March) 0.1733

2022 Avg (March) 0.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1820	0.1746	0.1773
February	0.1846	0.1703	0.1760
March	0.1852	0.1644	0.1733
April	0.1648	0.1619	0.1634
May	0.1676	0.1620	0.1648
June	0.1675	0.1630	0.1652
July	0.1650	0.1591	0.1619
August	0.1649	0.1619	0.1634
September	0.1693	0.1647	0.1668
October	0.1701	0.1670	0.1688
November	0.1689	0.1631	0.1654
December	0.1663	0.1612	0.1637