2023 TJS to HKD Historical Review

YEARLY HIGH

0.7839 HKD

YEARLY LOW

0.7103 HKD

YEARLY AVERAGE

0.7252 HKD

2023 TJS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.7839. Conversely, the yearly low was recorded on August 13, dropping to 0.7103.

This high-to-low spread represents a total annual volatility of 0.0737 HKD. From a start-to-finish perspective, comparing the January average rate of 0.7643 to the December average rate of 0.7139, the exchange rate registered a net change of -6.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7839 was down 3.14% compared to the 2022 peak of 0.8094, 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 3,920 HKD

2022 Average 3,598 HKD

Yearly Trough Low 3,551 HKD

Transaction Impact: A difference of 368.28 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7694

0.7079

JanuMarcMayJulySeptNove

TJS to HKD 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 0.7365, compared to 0.7139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.7365

H2 Avg (Jul–Dec) 0.7139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0670 HKD (High: 0.7839 / Low: 0.7169). On the other end, September was the most stable month, with a tight range of 0.0041 HKD (High: 0.7153 / Low: 0.7113).

March Spread (Volatile) ±0.0670

September Spread (Stable) ±0.0041

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 0.0251 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7447) against the same month in 2022 (average: 0.6310), the exchange rate shifted by +0.1138 (+18.04%).

2023 Avg (March) 0.7447

2022 Avg (March) 0.6310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7705	0.7615	0.7643
February	0.7839	0.7293	0.7555
March	0.7839	0.7169	0.7447
April	0.7281	0.7175	0.7196
May	0.7199	0.7151	0.7178
June	0.7215	0.7150	0.7171
July	0.7221	0.7114	0.7155
August	0.7175	0.7103	0.7131
September	0.7153	0.7113	0.7130
October	0.7161	0.7114	0.7135
November	0.7201	0.7116	0.7141
December	0.7166	0.7104	0.7139