YEARLY HIGH
1929.9678 SLL
YEARLY LOW
1611.2983 SLL
YEARLY AVERAGE
1765.1016 SLL

2023 TJS to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1929.9678. Conversely, the yearly low was recorded on July 11, dropping to 1611.2983.

This high-to-low spread represents a total annual volatility of 318.6695 SLL. From a start-to-finish perspective, comparing the January average rate of 1726.4704 to the December average rate of 1916.9211, the exchange rate registered a net change of 11.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1929.9678 was up 8.93% compared to the 2022 peak of 1771.7440, 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 9,649,839 SLL
2022 Average 6,365,572 SLL
Yearly Trough Low 8,056,491 SLL
Transaction Impact: A difference of 1,593,347.67 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1948.2892
1587.3685
JanuMarcMayJulySeptNove

TJS to SLL 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 1659.7030, compared to 1870.5003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.7974 points.

H1 Avg (Jan–Jun) 1659.7030
H2 Avg (Jul–Dec) 1870.5003

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 312.0908 SLL (High: 1923.3891 / Low: 1611.2983). On the other end, May was the most stable month, with a tight range of 7.5067 SLL (High: 1620.6577 / Low: 1613.1510).

July Spread (Volatile) ±312.0908
May Spread (Stable) ±7.5067

Growth Streaks & Declines

Trends

Between June and August, 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 56.6031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -56.6031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1918.2125) against the same month in 2022 (average: 1753.1265), the exchange rate shifted by +165.0859 (+9.42%).

2023 Avg (November) 1918.2125
2022 Avg (November) 1753.1265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1743.6588 1716.7538 1726.4704
February 1764.1243 1644.4593 1700.7247
March 1764.1243 1614.7410 1676.1490
April 1638.5023 1614.7079 1619.5460
May 1620.6577 1613.1510 1617.8824
June 1627.7151 1611.5569 1617.4452
July 1923.3891 1611.2983 1655.7511
August 1926.0684 1905.2144 1910.6693
September 1915.7412 1904.8215 1909.5451
October 1919.0611 1904.8215 1911.9030
November 1929.9678 1908.6280 1918.2125
December 1924.2278 1909.0784 1916.9211