YEARLY HIGH
1.8575 NAD
YEARLY LOW
1.6129 NAD
YEARLY AVERAGE
1.7124 NAD

2023 TJS to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.8575. Conversely, the yearly low was recorded on July 27, dropping to 1.6129.

This high-to-low spread represents a total annual volatility of 0.2446 NAD. From a start-to-finish perspective, comparing the January average rate of 1.6692 to the December average rate of 1.7081, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8575 was up 0.90% compared to the 2022 peak of 1.8410, 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 9,287 NAD
2022 Average 7,528 NAD
Yearly Trough Low 8,064 NAD
Transaction Impact: A difference of 1,223.19 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7648
1.6575
JanuMarcMayJulySeptNove

TJS to NAD 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 1.7092, compared to 1.7157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 1.7092
H2 Avg (Jul–Dec) 1.7157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2197 NAD (High: 1.8575 / Low: 1.6378). On the other end, January was the most stable month, with a tight range of 0.0434 NAD (High: 1.6867 / Low: 1.6432).

March Spread (Volatile) ±0.2197
January Spread (Stable) ±0.0434

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0680 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.7345) against the same month in 2022 (average: 1.2122), the exchange rate shifted by +0.5223 (+43.09%).

2023 Avg (March) 1.7345
2022 Avg (March) 1.2122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6867 1.6432 1.6692
February 1.8395 1.6559 1.7214
March 1.8575 1.6378 1.7345
April 1.6974 1.6264 1.6665
May 1.8069 1.6745 1.7481
June 1.8058 1.6635 1.7152
July 1.7357 1.6129 1.6700
August 1.8058 1.6648 1.7172
September 1.7510 1.7060 1.7278
October 1.8470 1.7081 1.7559
November 1.8285 1.6632 1.7151
December 1.7504 1.6642 1.7081