YEARLY HIGH
0.0947 EUR
YEARLY LOW
0.0813 EUR
YEARLY AVERAGE
0.0856 EUR

2023 TJS to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0947. Conversely, the yearly low was recorded on July 14, dropping to 0.0813.

This high-to-low spread represents a total annual volatility of 0.0134 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.0837, 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 0.0947 was down 10.20% compared to the 2022 peak of 0.1054, 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 473 EUR
2022 Average 438 EUR
Yearly Trough Low 407 EUR
Transaction Impact: A difference of 66.80 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0914
0.0820
JanuMarcMayJulySeptNove

TJS to EUR 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 0.0869, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0869
H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0107 EUR (High: 0.0947 / Low: 0.0840). On the other end, October was the most stable month, with a tight range of 0.0015 EUR (High: 0.0869 / Low: 0.0854).

March Spread (Volatile) ±0.0107
October Spread (Stable) ±0.0015

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 0.0051 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0886) against the same month in 2022 (average: 0.0733), the exchange rate shifted by +0.0153 (+20.87%).

2023 Avg (March) 0.0886
2022 Avg (March) 0.0733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0931 0.0892 0.0906
February 0.0946 0.0871 0.0900
March 0.0947 0.0840 0.0886
April 0.0849 0.0823 0.0834
May 0.0857 0.0817 0.0842
June 0.0856 0.0833 0.0844
July 0.0844 0.0813 0.0828
August 0.0844 0.0827 0.0835
September 0.0866 0.0843 0.0853
October 0.0869 0.0854 0.0863
November 0.0863 0.0833 0.0845
December 0.0850 0.0824 0.0837