2023 TJS to KES Historical Review

YEARLY HIGH

14.3445 KES

YEARLY LOW

11.7416 KES

YEARLY AVERAGE

12.9331 KES

2023 TJS to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 14.3445. Conversely, the yearly low was recorded on February 20, dropping to 11.7416.

This high-to-low spread represents a total annual volatility of 2.6029 KES. From a start-to-finish perspective, comparing the January average rate of 12.1142 to the December average rate of 14.1198, the exchange rate registered a net change of 16.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.3445 was up 16.68% compared to the 2022 peak of 12.2940, 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 71,722 KES

2022 Average 54,294 KES

Yearly Trough Low 58,708 KES

Transaction Impact: A difference of 13,014.38 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.3222

11.8941

JanuMarcMayJulySeptNove

TJS to KES 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 12.3611, compared to 13.5051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1441 points.

H1 Avg (Jan–Jun) 12.3611

H2 Avg (Jul–Dec) 13.5051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.0593 KES (High: 12.8939 / Low: 11.8346). On the other end, January was the most stable month, with a tight range of 0.0933 KES (High: 12.1816 / Low: 12.0882).

March Spread (Volatile) ±1.0593

January Spread (Stable) ±0.0933

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0178 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 14.1198) against the same month in 2022 (average: 12.1303), the exchange rate shifted by +1.9895 (+16.40%).

2023 Avg (December) 14.1198

2022 Avg (December) 12.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1816	12.0882	12.1142
February	12.6929	11.7416	12.0964
March	12.8939	11.8346	12.2899
April	12.6146	12.1370	12.3188
May	12.7043	12.3974	12.5667
June	12.9416	12.5457	12.7803
July	13.0614	12.7355	12.9414
August	13.2302	12.9684	13.0982
September	13.4901	13.2097	13.3654
October	13.7824	13.4479	13.6085
November	14.0594	13.7158	13.8974
December	14.3445	13.9279	14.1198