YEARLY HIGH
250.9151 SYP
YEARLY LOW
228.2325 SYP
YEARLY AVERAGE
232.7216 SYP

2023 TJS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 250.9151. Conversely, the yearly low was recorded on October 1, dropping to 228.2325.

This high-to-low spread represents a total annual volatility of 22.6826 SYP. From a start-to-finish perspective, comparing the January average rate of 245.5595 to the December average rate of 229.6822, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 250.9151 was down 3.19% compared to the 2022 peak of 259.1758, 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 1,254,575 SYP
2022 Average 1,154,434 SYP
Yearly Trough Low 1,141,162 SYP
Transaction Impact: A difference of 113,413.01 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

247.2356
227.1224
JanuMarcMayJulySeptNove

TJS to SYP 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 236.0630, compared to 229.3802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6828 points.

H1 Avg (Jan–Jun) 236.0630
H2 Avg (Jul–Dec) 229.3802

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 21.2471 SYP (High: 250.9151 / Low: 229.6680). On the other end, May was the most stable month, with a tight range of 1.0677 SYP (High: 230.5095 / Low: 229.4418).

March Spread (Volatile) ±21.2471
May Spread (Stable) ±1.0677

Growth Streaks & Declines

Trends

Between September and November, 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 8.0508 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.0508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 241.8976) against the same month in 2022 (average: 222.5139), the exchange rate shifted by +19.3838 (+8.71%).

2023 Avg (February) 241.8976
2022 Avg (February) 222.5139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 248.0042 244.1775 245.5595
February 250.9151 233.8949 241.8976
March 250.9151 229.6680 238.4022
April 233.0476 229.6633 230.3514
May 230.5095 229.4418 230.1148
June 231.5133 229.2151 230.0526
July 231.8414 229.1783 229.9494
August 230.7783 228.2796 228.9332
September 229.5409 228.2325 228.7985
October 229.9387 228.2325 229.0810
November 231.2455 228.6886 229.8370
December 230.5577 228.7425 229.6822