2023 TJS to BOB Historical Review

YEARLY HIGH

0.6904 BOB

YEARLY LOW

0.6282 BOB

YEARLY AVERAGE

0.6398 BOB

2023 TJS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.6904. Conversely, the yearly low was recorded on September 11, dropping to 0.6282.

This high-to-low spread represents a total annual volatility of 0.0622 BOB. From a start-to-finish perspective, comparing the January average rate of 0.6753 to the December average rate of 0.6324, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6904 was down 2.60% compared to the 2022 peak of 0.7088, 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 3,452 BOB

2022 Average 3,168 BOB

Yearly Trough Low 3,141 BOB

Transaction Impact: A difference of 311.01 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6800

0.6245

JanuMarcMayJulySeptNove

TJS to BOB 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 0.6490, compared to 0.6306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 0.6490

H2 Avg (Jul–Dec) 0.6306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0592 BOB (High: 0.6904 / Low: 0.6311). On the other end, September was the most stable month, with a tight range of 0.0014 BOB (High: 0.6296 / Low: 0.6282).

March Spread (Volatile) ±0.0592

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between September and December, 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 0.0214 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.6547) against the same month in 2022 (average: 0.5548), the exchange rate shifted by +0.0999 (+18.01%).

2023 Avg (March) 0.6547

2022 Avg (March) 0.5548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6821	0.6715	0.6753
February	0.6901	0.6434	0.6653
March	0.6904	0.6311	0.6547
April	0.6409	0.6322	0.6334
May	0.6342	0.6319	0.6326
June	0.6333	0.6305	0.6326
July	0.6363	0.6308	0.6318
August	0.6308	0.6290	0.6296
September	0.6296	0.6282	0.6291
October	0.6319	0.6290	0.6296
November	0.6331	0.6285	0.6314
December	0.6361	0.6313	0.6324