YEARLY HIGH
1.5891 TJS
YEARLY LOW
1.5237 TJS
YEARLY AVERAGE
1.5601 TJS

2024 BOB to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 1.5891. Conversely, the yearly low was recorded on August 11, dropping to 1.5237.

This high-to-low spread represents a total annual volatility of 0.0655 TJS. From a start-to-finish perspective, comparing the January average rate of 1.5811 to the December average rate of 1.5793, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5891 was down 0.17% compared to the 2023 peak of 1.5919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 7,946 TJS
2023 Average 7,822 TJS
Yearly Trough Low 7,618 TJS
Transaction Impact: A difference of 327.25 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5886
1.5313
JanuMarcMayJulySeptNove

BOB to TJS 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 1.5740, compared to 1.5462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 1.5740
H2 Avg (Jul–Dec) 1.5462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0447 TJS (High: 1.5774 / Low: 1.5327). On the other end, January was the most stable month, with a tight range of 0.0093 TJS (High: 1.5868 / Low: 1.5775).

November Spread (Volatile) ±0.0447
January Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0232 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.5838) against the same month in 2023 (average: 1.5299), the exchange rate shifted by +0.0539 (+3.52%).

2024 Avg (March) 1.5838
2023 Avg (March) 1.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5868 1.5775 1.5811
February 1.5882 1.5768 1.5833
March 1.5891 1.5775 1.5838
April 1.5861 1.5753 1.5798
May 1.5804 1.5488 1.5697
June 1.5593 1.5304 1.5465
July 1.5492 1.5312 1.5398
August 1.5442 1.5237 1.5361
September 1.5441 1.5343 1.5400
October 1.5434 1.5328 1.5400
November 1.5774 1.5327 1.5419
December 1.5832 1.5716 1.5793