YEARLY HIGH
0.2236 FJD
YEARLY LOW
0.1992 FJD
YEARLY AVERAGE
0.2065 FJD

2023 TJS to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2236. Conversely, the yearly low was recorded on July 14, dropping to 0.1992.

This high-to-low spread represents a total annual volatility of 0.0244 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2129 to the December average rate of 0.2025, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2236 was down 4.92% compared to the 2022 peak of 0.2352, 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 1,118 FJD
2022 Average 1,008 FJD
Yearly Trough Low 996 FJD
Transaction Impact: A difference of 121.79 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2139
0.2015
JanuMarcMayJulySeptNove

TJS to FJD 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 0.2075, compared to 0.2054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2075
H2 Avg (Jul–Dec) 0.2054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0216 FJD (High: 0.2236 / Low: 0.2020). On the other end, September was the most stable month, with a tight range of 0.0034 FJD (High: 0.2091 / Low: 0.2056).

March Spread (Volatile) ±0.0216
September Spread (Stable) ±0.0034

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 0.0076 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2105) against the same month in 2022 (average: 0.1698), the exchange rate shifted by +0.0407 (+23.97%).

2023 Avg (March) 0.2105
2022 Avg (March) 0.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2179 0.2094 0.2129
February 0.2216 0.2041 0.2112
March 0.2236 0.2020 0.2105
April 0.2062 0.2008 0.2029
May 0.2063 0.2007 0.2038
June 0.2070 0.2012 0.2038
July 0.2067 0.1992 0.2030
August 0.2091 0.2022 0.2056
September 0.2091 0.2056 0.2068
October 0.2093 0.2059 0.2080
November 0.2106 0.2039 0.2067
December 0.2052 0.1999 0.2025