2024 GHS to TJS Historical Review

YEARLY HIGH

0.9194 TJS

YEARLY LOW

0.6479 TJS

YEARLY AVERAGE

0.7530 TJS

2024 GHS to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9194. Conversely, the yearly low was recorded on November 9, dropping to 0.6479.

This high-to-low spread represents a total annual volatility of 0.2715 TJS. From a start-to-finish perspective, comparing the January average rate of 0.9070 to the December average rate of 0.7383, the exchange rate registered a net change of -18.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9194 was down 24.73% compared to the 2023 peak of 1.2215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,597 TJS

2023 Average 4,635 TJS

Yearly Trough Low 3,240 TJS

Transaction Impact: A difference of 1,357.60 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9312

0.6413

JanuMarcMayJulySeptNove

GHS 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 0.8199, compared to 0.6861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1338 points.

H1 Avg (Jan–Jun) 0.8199

H2 Avg (Jul–Dec) 0.6861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0727 TJS (High: 0.7971 / Low: 0.7244). On the other end, September was the most stable month, with a tight range of 0.0081 TJS (High: 0.6822 / Low: 0.6741).

May Spread (Volatile) ±0.0727

September Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between October and December, 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 0.0534 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9070) against the same month in 2023 (average: 0.9022), the exchange rate shifted by +0.0048 (+0.54%).

2024 Avg (January) 0.9070

2023 Avg (January) 0.9022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9194	0.8828	0.9070
February	0.8850	0.8666	0.8784
March	0.8647	0.8255	0.8461
April	0.8255	0.7997	0.8134
May	0.7971	0.7244	0.7639
June	0.7271	0.6984	0.7105
July	0.6974	0.6812	0.6895
August	0.6837	0.6740	0.6799
September	0.6822	0.6741	0.6781
October	0.6733	0.6530	0.6655
November	0.7101	0.6479	0.6655
December	0.7442	0.7084	0.7383