YEARLY HIGH
0.8742 SVC
YEARLY LOW
0.7955 SVC
YEARLY AVERAGE
0.8101 SVC

2023 TJS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.8742. Conversely, the yearly low was recorded on September 11, dropping to 0.7955.

This high-to-low spread represents a total annual volatility of 0.0787 SVC. From a start-to-finish perspective, comparing the January average rate of 0.8552 to the December average rate of 0.8007, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8742 was down 3.10% compared to the 2022 peak of 0.9021, 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 4,371 SVC
2022 Average 4,021 SVC
Yearly Trough Low 3,977 SVC
Transaction Impact: A difference of 393.61 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8611
0.7908
JanuMarcMayJulySeptNove

TJS to SVC 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 0.8217, compared to 0.7985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 0.8217
H2 Avg (Jul–Dec) 0.7985

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0744 SVC (High: 0.8742 / Low: 0.7998). On the other end, September was the most stable month, with a tight range of 0.0018 SVC (High: 0.7973 / Low: 0.7955).

March Spread (Volatile) ±0.0744
September Spread (Stable) ±0.0018

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 0.0276 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.8290) against the same month in 2022 (average: 0.7058), the exchange rate shifted by +0.1232 (+17.45%).

2023 Avg (March) 0.8290
2022 Avg (March) 0.7058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8638 0.8504 0.8552
February 0.8738 0.8148 0.8425
March 0.8742 0.7998 0.8290
April 0.8024 0.7998 0.8014
May 0.8027 0.8002 0.8010
June 0.8020 0.7984 0.8010
July 0.8058 0.7987 0.7999
August 0.7987 0.7964 0.7972
September 0.7973 0.7955 0.7966
October 0.8002 0.7965 0.7972
November 0.8017 0.7959 0.7994
December 0.8028 0.7995 0.8007