2023 TJS to QAR Historical Review

YEARLY HIGH

0.3644 QAR

YEARLY LOW

0.3295 QAR

YEARLY AVERAGE

0.3375 QAR

2023 TJS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.3644. Conversely, the yearly low was recorded on April 29, dropping to 0.3295.

This high-to-low spread represents a total annual volatility of 0.0350 QAR. From a start-to-finish perspective, comparing the January average rate of 0.3561 to the December average rate of 0.3332, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3644 was down 3.64% compared to the 2022 peak of 0.3782, 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 1,822 QAR

2022 Average 1,674 QAR

Yearly Trough Low 1,647 QAR

Transaction Impact: A difference of 174.91 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3586

0.3292

JanuMarcMayJulySeptNove

TJS to QAR 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 0.3424, compared to 0.3325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.3424

H2 Avg (Jul–Dec) 0.3325

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0310 QAR (High: 0.3639 / Low: 0.3329). On the other end, May was the most stable month, with a tight range of 0.0013 QAR (High: 0.3340 / Low: 0.3327).

March Spread (Volatile) ±0.0310

May Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, 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 0.0118 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3511) against the same month in 2022 (average: 0.3226), the exchange rate shifted by +0.0285 (+8.85%).

2023 Avg (February) 0.3511

2022 Avg (February) 0.3226

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3607	0.3543	0.3561
February	0.3644	0.3397	0.3511
March	0.3639	0.3329	0.3460
April	0.3371	0.3295	0.3342
May	0.3340	0.3327	0.3335
June	0.3351	0.3325	0.3335
July	0.3359	0.3317	0.3332
August	0.3344	0.3314	0.3320
September	0.3326	0.3307	0.3316
October	0.3338	0.3310	0.3322
November	0.3348	0.3295	0.3329
December	0.3347	0.3315	0.3332