YEARLY HIGH
0.5372 BRL
YEARLY LOW
0.4311 BRL
YEARLY AVERAGE
0.4629 BRL

2023 TJS to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5372. Conversely, the yearly low was recorded on July 31, dropping to 0.4311.

This high-to-low spread represents a total annual volatility of 0.1061 BRL. From a start-to-finish perspective, comparing the January average rate of 0.5071 to the December average rate of 0.4477, the exchange rate registered a net change of -11.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5372 was down 3.15% compared to the 2022 peak of 0.5547, 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 2,686 BRL
2022 Average 2,378 BRL
Yearly Trough Low 2,156 BRL
Transaction Impact: A difference of 530.34 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5139
0.4324
JanuMarcMayJulySeptNove

TJS to BRL 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 0.4767, compared to 0.4491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.4767
H2 Avg (Jul–Dec) 0.4491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0572 BRL (High: 0.5210 / Low: 0.4638). On the other end, November was the most stable month, with a tight range of 0.0082 BRL (High: 0.4526 / Low: 0.4444).

March Spread (Volatile) ±0.0572
November Spread (Stable) ±0.0082

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 0.0346 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5071) against the same month in 2022 (average: 0.4891), the exchange rate shifted by +0.0180 (+3.68%).

2023 Avg (January) 0.5071
2022 Avg (January) 0.4891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5372 0.4930 0.5071
February 0.5230 0.4800 0.4987
March 0.5210 0.4638 0.4944
April 0.4669 0.4493 0.4598
May 0.4633 0.4472 0.4558
June 0.4592 0.4363 0.4443
July 0.4495 0.4311 0.4392
August 0.4551 0.4374 0.4472
September 0.4587 0.4421 0.4504
October 0.4721 0.4547 0.4616
November 0.4526 0.4444 0.4483
December 0.4556 0.4396 0.4477