2023 TJS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 145.8536. Conversely, the yearly low was recorded on November 4, dropping to 118.2615.
This high-to-low spread represents a total annual volatility of 27.5921 IQD. From a start-to-finish perspective, comparing the January average rate of 142.6618 to the December average rate of 119.8149, the exchange rate registered a net change of -16.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 145.8536 was down 3.07% compared to the 2022 peak of 150.4709, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TJS to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 132.5459, compared to 119.5257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.0202 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 14.7506 IQD (High: 135.5138 / Low: 120.7633). On the other end, September was the most stable month, with a tight range of 0.2567 IQD (High: 119.3817 / Low: 119.1250).
Growth Streaks & Declines
TrendsBetween September and December, 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 April and May, when the average rate fell by 12.1901 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 138.3062) against the same month in 2022 (average: 117.7941), the exchange rate shifted by +20.5121 (+17.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 144.0808 | 141.8354 | 142.6618 |
| February | 145.7725 | 135.8953 | 140.5422 |
| March | 145.8536 | 133.4075 | 138.3062 |
| April | 135.5138 | 120.7633 | 133.0210 |
| May | 133.9869 | 119.7023 | 120.8309 |
| June | 120.1114 | 119.2194 | 119.9134 |
| July | 120.8790 | 119.5477 | 119.7642 |
| August | 120.1536 | 118.5460 | 119.3336 |
| September | 119.3817 | 119.1250 | 119.2501 |
| October | 119.8335 | 119.1023 | 119.3621 |
| November | 120.1002 | 118.2615 | 119.6292 |
| December | 120.2098 | 119.4634 | 119.8149 |