2023 TJS to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 261.8273. Conversely, the yearly low was recorded on April 14, dropping to 189.8797.
This high-to-low spread represents a total annual volatility of 71.9475 BIF. From a start-to-finish perspective, comparing the January average rate of 202.2033 to the December average rate of 260.5997, the exchange rate registered a net change of 28.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 261.8273 was up 23.39% compared to the 2022 peak of 212.1874, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TJS to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 211.2680, compared to 259.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.8274 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 68.2276 BIF (High: 258.4981 / Low: 190.2705). On the other end, April was the most stable month, with a tight range of 1.3056 BIF (High: 191.1853 / Low: 189.8797).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.3647 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 258.9575) against the same month in 2022 (average: 201.6626), the exchange rate shifted by +57.2949 (+28.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 204.6047 | 200.4856 | 202.2033 |
| February | 207.3638 | 192.8152 | 199.5993 |
| March | 207.6964 | 190.0971 | 196.9982 |
| April | 191.1853 | 189.8797 | 190.6335 |
| May | 258.4981 | 190.2705 | 219.1207 |
| June | 260.2238 | 257.7214 | 259.0531 |
| July | 261.8273 | 257.8325 | 258.9575 |
| August | 260.2665 | 257.4311 | 258.2318 |
| September | 259.1806 | 257.6682 | 258.2464 |
| October | 259.9710 | 257.9837 | 258.7830 |
| November | 261.2713 | 256.3887 | 259.7544 |
| December | 261.7438 | 259.9213 | 260.5997 |