YEARLY HIGH
0.1637 NZD
YEARLY LOW
0.1430 NZD
YEARLY AVERAGE
0.1508 NZD

2023 TJS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.1637. Conversely, the yearly low was recorded on July 13, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0206 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1526 to the December average rate of 0.1468, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1637 was down 9.92% compared to the 2022 peak of 0.1817, 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 818 NZD
2022 Average 728 NZD
Yearly Trough Low 715 NZD
Transaction Impact: A difference of 103.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1555
0.1460
JanuMarcMayJulySeptNove

TJS to NZD 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 0.1505, compared to 0.1511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1505
H2 Avg (Jul–Dec) 0.1511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0176 NZD (High: 0.1637 / Low: 0.1461). On the other end, September was the most stable month, with a tight range of 0.0037 NZD (High: 0.1552 / Low: 0.1515).

March Spread (Volatile) ±0.0176
September Spread (Stable) ±0.0037

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 November and December, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1529) against the same month in 2022 (average: 0.1174), the exchange rate shifted by +0.0355 (+30.27%).

2023 Avg (March) 0.1529
2022 Avg (March) 0.1174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1573 0.1498 0.1526
February 0.1623 0.1488 0.1533
March 0.1637 0.1461 0.1529
April 0.1503 0.1447 0.1476
May 0.1521 0.1436 0.1476
June 0.1516 0.1469 0.1492
July 0.1502 0.1430 0.1471
August 0.1543 0.1486 0.1522
September 0.1552 0.1515 0.1536
October 0.1573 0.1508 0.1547
November 0.1554 0.1486 0.1525
December 0.1495 0.1440 0.1468