YEARLY HIGH
0.0307 KWD
YEARLY LOW
0.0279 KWD
YEARLY AVERAGE
0.0285 KWD

2023 TJS to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0307. Conversely, the yearly low was recorded on July 14, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0027 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0281, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0307 was down 2.96% compared to the 2022 peak of 0.0316, 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 153 KWD
2022 Average 141 KWD
Yearly Trough Low 140 KWD
Transaction Impact: A difference of 13.73 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0300
0.0279
JanuMarcMayJulySeptNove

TJS to KWD 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 0.0288, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0288
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 KWD (High: 0.0307 / Low: 0.0280). On the other end, May was the most stable month, with a tight range of 0.0002 KWD (High: 0.0282 / Low: 0.0280).

March Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0291) against the same month in 2022 (average: 0.0245), the exchange rate shifted by +0.0046 (+18.72%).

2023 Avg (March) 0.0291
2022 Avg (March) 0.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0297 0.0299
February 0.0307 0.0285 0.0295
March 0.0307 0.0280 0.0291
April 0.0283 0.0280 0.0281
May 0.0282 0.0280 0.0281
June 0.0283 0.0280 0.0281
July 0.0283 0.0279 0.0281
August 0.0282 0.0280 0.0281
September 0.0282 0.0280 0.0281
October 0.0283 0.0281 0.0282
November 0.0284 0.0281 0.0282
December 0.0283 0.0280 0.0281