2023 TJS to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 13.8624. Conversely, the yearly low was recorded on April 5, dropping to 11.9694.
This high-to-low spread represents a total annual volatility of 1.8930 JPY. From a start-to-finish perspective, comparing the January average rate of 12.7228 to the December average rate of 13.1337, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 13.8624 was down 6.79% compared to the 2022 peak of 14.8729, 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 JPY 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 12.6643, compared to 13.3411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.7461 JPY (High: 13.7204 / Low: 11.9743). On the other end, September was the most stable month, with a tight range of 0.2897 JPY (High: 13.5983 / Low: 13.3086).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.5698 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 13.7035) against the same month in 2022 (average: 14.1042), the exchange rate shifted by -0.4006 (-2.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0583 | 12.4948 | 12.7228 |
| February | 13.6301 | 12.4690 | 12.8242 |
| March | 13.7204 | 11.9743 | 12.6837 |
| April | 12.6523 | 11.9694 | 12.2451 |
| May | 12.8703 | 12.2707 | 12.5692 |
| June | 13.2540 | 12.7049 | 12.9406 |
| July | 13.2963 | 12.6229 | 12.9197 |
| August | 13.3492 | 12.9242 | 13.1937 |
| September | 13.5983 | 13.3086 | 13.4600 |
| October | 13.8161 | 13.5066 | 13.6359 |
| November | 13.8624 | 13.4521 | 13.7035 |
| December | 13.4765 | 12.8605 | 13.1337 |