YEARLY HIGH
4226.8078 IRR
YEARLY LOW
3811.8554 IRR
YEARLY AVERAGE
3910.4172 IRR

2023 TJS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 4226.8078. Conversely, the yearly low was recorded on March 23, dropping to 3811.8554.

This high-to-low spread represents a total annual volatility of 414.9523 IRR. From a start-to-finish perspective, comparing the January average rate of 4098.4782 to the December average rate of 3860.4695, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4226.8078 was down 3.24% compared to the 2022 peak of 4368.5433, 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 21,134,039 IRR
2022 Average 19,420,840 IRR
Yearly Trough Low 19,059,277 IRR
Transaction Impact: A difference of 2,074,761.57 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4123.5637
3822.5379
JanuMarcMayJulySeptNove

TJS to IRR 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 3963.4591, compared to 3857.3752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 106.0839 points.

H1 Avg (Jan–Jun) 3963.4591
H2 Avg (Jul–Dec) 3857.3752

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 409.9590 IRR (High: 4221.8145 / Low: 3811.8554). On the other end, May was the most stable month, with a tight range of 18.0783 IRR (High: 3878.7067 / Low: 3860.6285).

March Spread (Volatile) ±409.9590
May Spread (Stable) ±18.0783

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 126.7201 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -126.7201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4064.7382) against the same month in 2022 (average: 3743.2411), the exchange rate shifted by +321.4971 (+8.59%).

2023 Avg (February) 4064.7382
2022 Avg (February) 3743.2411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4130.8870 4062.6686 4098.4782
February 4226.8078 3875.7666 4064.7382
March 4221.8145 3811.8554 4001.0083
April 3918.8635 3862.2074 3874.2882
May 3878.7067 3860.6285 3871.5248
June 3895.3670 3858.9785 3870.7169
July 3899.7331 3837.1045 3866.2274
August 3886.4432 3838.6851 3852.3600
September 3860.1233 3836.7581 3847.6233
October 3867.7279 3836.7581 3852.1618
November 3887.6388 3844.6527 3865.4093
December 3878.1411 3831.6984 3860.4695