2024 CVE to TJS Historical Review

YEARLY HIGH

0.1099 TJS

YEARLY LOW

0.1005 TJS

YEARLY AVERAGE

0.1057 TJS

2024 CVE to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1099. Conversely, the yearly low was recorded on November 24, dropping to 0.1005.

This high-to-low spread represents a total annual volatility of 0.0094 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.1037, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1099 was down 1.57% compared to the 2023 peak of 0.1117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 550 TJS

2023 Average 529 TJS

Yearly Trough Low 503 TJS

Transaction Impact: A difference of 47.13 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1085

0.1023

JanuMarcMayJulySeptNove

CVE 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 0.1066, compared to 0.1049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1066

H2 Avg (Jul–Dec) 0.1049

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0047 TJS (High: 0.1052 / Low: 0.1005). On the other end, September was the most stable month, with a tight range of 0.0014 TJS (High: 0.1078 / Low: 0.1064).

November Spread (Volatile) ±0.0047

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1080) against the same month in 2023 (average: 0.0999), the exchange rate shifted by +0.0082 (+8.17%).

2024 Avg (January) 0.1080

2023 Avg (January) 0.0999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1099	0.1070	0.1080
February	0.1078	0.1062	0.1070
March	0.1087	0.1068	0.1078
April	0.1078	0.1052	0.1064
May	0.1070	0.1051	0.1062
June	0.1061	0.1027	0.1042
July	0.1055	0.1034	0.1046
August	0.1078	0.1031	0.1057
September	0.1078	0.1064	0.1071
October	0.1070	0.1040	0.1052
November	0.1052	0.1005	0.1028
December	0.1047	0.1028	0.1037