2023 TJS to GEL Historical Review

YEARLY HIGH

0.2665 GEL

YEARLY LOW

0.2274 GEL

YEARLY AVERAGE

0.2430 GEL

2023 TJS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2665. Conversely, the yearly low was recorded on May 3, dropping to 0.2274.

This high-to-low spread represents a total annual volatility of 0.0391 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2605 to the December average rate of 0.2455, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2665 was down 12.84% compared to the 2022 peak of 0.3058, 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 1,333 GEL

2022 Average 1,334 GEL

Yearly Trough Low 1,137 GEL

Transaction Impact: A difference of 195.71 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2634

0.2282

JanuMarcMayJulySeptNove

TJS to GEL 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 0.2438, compared to 0.2423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2438

H2 Avg (Jul–Dec) 0.2423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0293 GEL (High: 0.2626 / Low: 0.2334). On the other end, August was the most stable month, with a tight range of 0.0034 GEL (High: 0.2401 / Low: 0.2367).

March Spread (Volatile) ±0.0293

August Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0136 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2605) against the same month in 2022 (average: 0.2726), the exchange rate shifted by -0.0121 (-4.42%).

2023 Avg (January) 0.2605

2022 Avg (January) 0.2726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2665	0.2556	0.2605
February	0.2631	0.2460	0.2544
March	0.2626	0.2334	0.2448
April	0.2344	0.2289	0.2311
May	0.2387	0.2274	0.2329
June	0.2419	0.2381	0.2391
July	0.2403	0.2341	0.2367
August	0.2401	0.2367	0.2384
September	0.2458	0.2377	0.2410
October	0.2476	0.2434	0.2450
November	0.2491	0.2449	0.2471
December	0.2470	0.2435	0.2455