2023 TJS to XOF Historical Review

YEARLY HIGH

62.0995 XOF

YEARLY LOW

53.3354 XOF

YEARLY AVERAGE

56.1566 XOF

2023 TJS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 62.0995. Conversely, the yearly low was recorded on July 14, dropping to 53.3354.

This high-to-low spread represents a total annual volatility of 8.7641 XOF. From a start-to-finish perspective, comparing the January average rate of 59.4338 to the December average rate of 54.9003, the exchange rate registered a net change of -7.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 62.0995 was down 10.20% compared to the 2022 peak of 69.1525, 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 310,498 XOF

2022 Average 287,424 XOF

Yearly Trough Low 266,677 XOF

Transaction Impact: A difference of 43,820.73 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.9478

53.7797

JanuMarcMayJulySeptNove

TJS to XOF 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 56.9829, compared to 55.3303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6527 points.

H1 Avg (Jan–Jun) 56.9829

H2 Avg (Jul–Dec) 55.3303

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 7.0203 XOF (High: 62.0995 / Low: 55.0792). On the other end, October was the most stable month, with a tight range of 1.0087 XOF (High: 57.0150 / Low: 56.0063).

March Spread (Volatile) ±7.0203

October Spread (Stable) ±1.0087

Growth Streaks & Declines

Trends

Between July and October, 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 3.3779 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.3779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 58.1072) against the same month in 2022 (average: 48.0736), the exchange rate shifted by +10.0336 (+20.87%).

2023 Avg (March) 58.1072

2022 Avg (March) 48.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.0708	58.4823	59.4338
February	62.0722	57.1623	59.0133
March	62.0995	55.0792	58.1072
April	55.6913	53.9621	54.7293
May	56.2005	53.5831	55.2250
June	56.1798	54.6549	55.3890
July	55.3607	53.3354	54.2937
August	55.3497	54.2408	54.7848
September	56.7818	55.2980	55.9399
October	57.0150	56.0063	56.6054
November	56.5935	54.6501	55.4575
December	55.7274	54.0469	54.9003