2023 TJS to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 17.2927. Conversely, the yearly low was recorded on March 23, dropping to 14.0792.
This high-to-low spread represents a total annual volatility of 3.2135 LRD. From a start-to-finish perspective, comparing the January average rate of 15.1852 to the December average rate of 17.2070, the exchange rate registered a net change of 13.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 17.2927 was up 9.93% compared to the 2022 peak of 15.7309, 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 LRD 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 15.2703, compared to 17.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7606 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.9493 LRD (High: 16.0284 / Low: 14.0792). On the other end, September was the most stable month, with a tight range of 0.1234 LRD (High: 17.0292 / Low: 16.9058).
Growth Streaks & Declines
TrendsBetween April and August, 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 March and April, when the average rate fell by 0.1792 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 17.1799) against the same month in 2022 (average: 15.3019), the exchange rate shifted by +1.8780 (+12.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2610 | 15.0055 | 15.1852 |
| February | 15.8786 | 14.3152 | 15.0639 |
| March | 16.0284 | 14.0792 | 15.1342 |
| April | 15.3276 | 14.8491 | 14.9550 |
| May | 15.4967 | 15.1600 | 15.2936 |
| June | 16.4810 | 15.4633 | 15.9899 |
| July | 17.0605 | 16.4763 | 16.8139 |
| August | 17.1486 | 16.9211 | 16.9759 |
| September | 17.0292 | 16.9058 | 16.9693 |
| October | 17.1594 | 16.9594 | 17.0392 |
| November | 17.2927 | 17.0707 | 17.1799 |
| December | 17.2836 | 17.0747 | 17.2070 |