YEARLY HIGH
0.1956 TJS
YEARLY LOW
0.0849 TJS
YEARLY AVERAGE
0.1490 TJS

2024 ETB to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1956. Conversely, the yearly low was recorded on November 27, dropping to 0.0849.

This high-to-low spread represents a total annual volatility of 0.1108 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1936 to the December average rate of 0.0862, the exchange rate registered a net change of -55.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1956 was down 3.72% compared to the 2023 peak of 0.2032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 978 TJS
2023 Average 987 TJS
Yearly Trough Low 424 TJS
Transaction Impact: A difference of 553.91 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2043
0.0754
JanuMarcMayJulySeptNove

ETB 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 0.1912, compared to 0.1069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0843 points.

H1 Avg (Jan–Jun) 0.1912
H2 Avg (Jul–Dec) 0.1069

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0451 TJS (High: 0.1856 / Low: 0.1405). On the other end, February was the most stable month, with a tight range of 0.0015 TJS (High: 0.1944 / Low: 0.1929).

July Spread (Volatile) ±0.0451
February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0787 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1936) against the same month in 2023 (average: 0.1908), the exchange rate shifted by +0.0028 (+1.49%).

2024 Avg (January) 0.1936
2023 Avg (January) 0.1908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1956 0.1926 0.1936
February 0.1944 0.1929 0.1933
March 0.1939 0.1922 0.1929
April 0.1934 0.1904 0.1921
May 0.1916 0.1866 0.1892
June 0.1877 0.1839 0.1859
July 0.1856 0.1405 0.1830
August 0.1344 0.0945 0.1044
September 0.0967 0.0887 0.0923
October 0.0900 0.0873 0.0885
November 0.0885 0.0849 0.0870
December 0.0878 0.0852 0.0862