2023 TJS to CNY Historical Review

YEARLY HIGH

0.6955 CNY

YEARLY LOW

0.6244 CNY

YEARLY AVERAGE

0.6548 CNY

2023 TJS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.6955. Conversely, the yearly low was recorded on March 23, dropping to 0.6244.

This high-to-low spread represents a total annual volatility of 0.0711 CNY. From a start-to-finish perspective, comparing the January average rate of 0.6638 to the December average rate of 0.6507, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6955 was down 4.91% compared to the 2022 peak of 0.7315, 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 3,478 CNY

2022 Average 3,102 CNY

Yearly Trough Low 3,122 CNY

Transaction Impact: A difference of 355.69 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6674

0.6281

JanuMarcMayJulySeptNove

TJS to CNY 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 0.6506, compared to 0.6591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.6506

H2 Avg (Jul–Dec) 0.6591

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0711 CNY (High: 0.6955 / Low: 0.6244). On the other end, September was the most stable month, with a tight range of 0.0085 CNY (High: 0.6692 / Low: 0.6607).

March Spread (Volatile) ±0.0711

September Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0227 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.6541) against the same month in 2022 (average: 0.5117), the exchange rate shifted by +0.1424 (+27.84%).

2023 Avg (March) 0.6541

2022 Avg (March) 0.5117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6809	0.6549	0.6638
February	0.6947	0.6382	0.6589
March	0.6955	0.6244	0.6541
April	0.6411	0.6288	0.6314
May	0.6516	0.6327	0.6401
June	0.6639	0.6463	0.6551
July	0.6678	0.6482	0.6577
August	0.6658	0.6536	0.6597
September	0.6692	0.6607	0.6641
October	0.6693	0.6516	0.6633
November	0.6683	0.6485	0.6591
December	0.6584	0.6446	0.6507