2023 TJS to PKR Historical Review

YEARLY HIGH

28.0121 PKR

YEARLY LOW

22.2164 PKR

YEARLY AVERAGE

25.8542 PKR

2023 TJS to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 28.0121. Conversely, the yearly low was recorded on January 7, dropping to 22.2164.

This high-to-low spread represents a total annual volatility of 5.7957 PKR. From a start-to-finish perspective, comparing the January average rate of 22.8418 to the December average rate of 25.7816, the exchange rate registered a net change of 12.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.0121 was up 16.47% compared to the 2022 peak of 24.0506, 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 140,060 PKR

2022 Average 94,703 PKR

Yearly Trough Low 111,082 PKR

Transaction Impact: A difference of 28,978.58 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.5377

22.4149

JanuMarcMayJulySeptNove

TJS to PKR 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 25.5641, compared to 26.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5802 points.

H1 Avg (Jan–Jun) 25.5641

H2 Avg (Jul–Dec) 26.1444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.8262 PKR (High: 26.0426 / Low: 22.2164). On the other end, June was the most stable month, with a tight range of 0.2171 PKR (High: 26.3316 / Low: 26.1144).

January Spread (Volatile) ±3.8262

June Spread (Stable) ±0.2171

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.6375 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 27.1108) against the same month in 2022 (average: 22.8959), the exchange rate shifted by +4.2149 (+18.41%).

2023 Avg (September) 27.1108

2022 Avg (September) 22.8959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.0426	22.2164	22.8418
February	26.7242	24.0614	25.5584
March	27.9163	25.7423	26.5709
April	26.4509	25.6699	26.0058
May	27.0849	25.9661	26.1664
June	26.3316	26.1144	26.2415
July	26.3262	25.0127	25.7725
August	27.7196	25.8505	26.7400
September	28.0121	26.1666	27.1108
October	26.2563	25.1025	25.4732
November	26.3489	25.3397	25.9881
December	26.0765	25.4181	25.7816