2023 TJS to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 132.4117. Conversely, the yearly low was recorded on July 18, dropping to 115.6213.
This high-to-low spread represents a total annual volatility of 16.7904 KRW. From a start-to-finish perspective, comparing the January average rate of 121.4441 to the December average rate of 118.9699, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 132.4117 was down 9.63% compared to the 2022 peak of 146.5142, 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 KRW 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 121.6524, compared to 120.2154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4370 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 14.6117 KRW (High: 132.4117 / Low: 117.8000). On the other end, October was the most stable month, with a tight range of 2.0406 KRW (High: 123.9055 / Low: 121.8649).
Growth Streaks & Declines
TrendsBetween July and October, 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 October and November, when the average rate fell by 3.5902 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 123.8515) against the same month in 2022 (average: 98.4857), the exchange rate shifted by +25.3658 (+25.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.4338 | 119.6535 | 121.4441 |
| February | 132.0222 | 118.5048 | 123.2150 |
| March | 132.4117 | 117.8000 | 123.8515 |
| April | 124.1208 | 119.1732 | 121.1593 |
| May | 123.1936 | 120.1265 | 121.6238 |
| June | 121.1378 | 116.0044 | 118.6207 |
| July | 121.2065 | 115.6213 | 117.6080 |
| August | 122.5739 | 117.6526 | 120.6035 |
| September | 123.2878 | 120.0154 | 121.4698 |
| October | 123.9055 | 121.8649 | 123.1156 |
| November | 123.1438 | 118.0111 | 119.5254 |
| December | 120.5918 | 117.2810 | 118.9699 |