2023 TJS to SEK Historical Review

YEARLY HIGH

1.0717 SEK

YEARLY LOW

0.9105 SEK

YEARLY AVERAGE

0.9828 SEK

2023 TJS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 1.0717. Conversely, the yearly low was recorded on December 28, dropping to 0.9105.

This high-to-low spread represents a total annual volatility of 0.1612 SEK. From a start-to-finish perspective, comparing the January average rate of 1.0155 to the December average rate of 0.9364, the exchange rate registered a net change of -7.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0717 was down 6.73% compared to the 2022 peak of 1.1491, 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 5,358 SEK

2022 Average 4,669 SEK

Yearly Trough Low 4,553 SEK

Transaction Impact: A difference of 805.81 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0234

0.9285

JanuMarcMayJulySeptNove

TJS to SEK 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 0.9856, compared to 0.9799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.9856

H2 Avg (Jul–Dec) 0.9799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1271 SEK (High: 1.0717 / Low: 0.9446). On the other end, September was the most stable month, with a tight range of 0.0272 SEK (High: 1.0192 / Low: 0.9919).

March Spread (Volatile) ±0.1271

September Spread (Stable) ±0.0272

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0488 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9975) against the same month in 2022 (average: 0.7734), the exchange rate shifted by +0.2240 (+28.97%).

2023 Avg (March) 0.9975

2022 Avg (March) 0.7734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0468	0.9929	1.0155
February	1.0491	0.9631	1.0068
March	1.0717	0.9446	0.9975
April	0.9666	0.9393	0.9487
May	0.9949	0.9292	0.9600
June	0.9989	0.9714	0.9854
July	1.0014	0.9311	0.9636
August	1.0065	0.9645	0.9872
September	1.0192	0.9919	1.0101
October	1.0258	0.9907	1.0052
November	1.0193	0.9457	0.9768
December	0.9590	0.9105	0.9364