2023 TJS to GBP Historical Review

YEARLY HIGH

0.0844 GBP

YEARLY LOW

0.0696 GBP

YEARLY AVERAGE

0.0745 GBP

2023 TJS to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0844. Conversely, the yearly low was recorded on July 13, dropping to 0.0696.

This high-to-low spread represents a total annual volatility of 0.0148 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0722, the exchange rate registered a net change of -9.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0844 was down 10.36% compared to the 2022 peak of 0.0942, 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 422 GBP

2022 Average 374 GBP

Yearly Trough Low 348 GBP

Transaction Impact: A difference of 73.99 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0807

0.0702

JanuMarcMayJulySeptNove

TJS to GBP 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 0.0762, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0762

H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0105 GBP (High: 0.0844 / Low: 0.0739). On the other end, August was the most stable month, with a tight range of 0.0011 GBP (High: 0.0724 / Low: 0.0713).

March Spread (Volatile) ±0.0105

August Spread (Stable) ±0.0011

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 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0782) against the same month in 2022 (average: 0.0613), the exchange rate shifted by +0.0170 (+27.68%).

2023 Avg (March) 0.0782

2022 Avg (March) 0.0613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0822	0.0784	0.0798
February	0.0836	0.0771	0.0798
March	0.0844	0.0739	0.0782
April	0.0747	0.0728	0.0737
May	0.0744	0.0725	0.0734
June	0.0738	0.0713	0.0725
July	0.0725	0.0696	0.0711
August	0.0724	0.0713	0.0717
September	0.0749	0.0721	0.0735
October	0.0754	0.0739	0.0749
November	0.0750	0.0721	0.0736
December	0.0730	0.0716	0.0722