YEARLY HIGH
878.8165 GNF
YEARLY LOW
780.4051 GNF
YEARLY AVERAGE
798.3518 GNF

2023 TJS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 878.8165. Conversely, the yearly low was recorded on September 11, dropping to 780.4051.

This high-to-low spread represents a total annual volatility of 98.4114 GNF. From a start-to-finish perspective, comparing the January average rate of 847.0221 to the December average rate of 786.3513, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 878.8165 was down 1.87% compared to the 2022 peak of 895.5580, 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 4,394,082 GNF
2022 Average 4,042,783 GNF
Yearly Trough Low 3,902,025 GNF
Transaction Impact: A difference of 492,057.00 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

853.3677
777.2208
JanuMarcMayJulySeptNove

TJS to GNF 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 811.1919, compared to 785.5116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.6803 points.

H1 Avg (Jan–Jun) 811.1919
H2 Avg (Jul–Dec) 785.5116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 92.3576 GNF (High: 878.8165 / Low: 786.4589). On the other end, October was the most stable month, with a tight range of 6.9311 GNF (High: 788.3368 / Low: 781.4057).

March Spread (Volatile) ±92.3576
October Spread (Stable) ±6.9311

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 31.1712 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -31.1712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 819.6434) against the same month in 2022 (average: 721.6611), the exchange rate shifted by +97.9824 (+13.58%).

2023 Avg (March) 819.6434
2022 Avg (March) 721.6611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 860.4491 836.7273 847.0221
February 868.1696 801.3034 832.3482
March 878.8165 786.4589 819.6434
April 793.0831 784.8238 788.4722
May 793.5251 786.1236 789.9033
June 794.0832 786.7959 789.7623
July 796.4852 785.0233 787.7276
August 794.9699 781.7846 784.6107
September 789.1673 780.4051 783.5664
October 788.3368 781.4057 784.1565
November 790.4202 782.6131 786.6572
December 788.7478 781.4238 786.3513