YEARLY HIGH
0.1635 TJS
YEARLY LOW
0.1485 TJS
YEARLY AVERAGE
0.1568 TJS

2024 GMD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1635. Conversely, the yearly low was recorded on November 3, dropping to 0.1485.

This high-to-low spread represents a total annual volatility of 0.0150 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1623 to the December average rate of 0.1520, the exchange rate registered a net change of -6.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1635 was down 11.29% compared to the 2023 peak of 0.1843, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 818 TJS
2023 Average 869 TJS
Yearly Trough Low 742 TJS
Transaction Impact: A difference of 75.15 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1636
0.1487
JanuMarcMayJulySeptNove

GMD 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 0.1607, compared to 0.1529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1607
H2 Avg (Jul–Dec) 0.1529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0066 TJS (High: 0.1577 / Low: 0.1510). On the other end, April was the most stable month, with a tight range of 0.0009 TJS (High: 0.1614 / Low: 0.1605).

October Spread (Volatile) ±0.0066
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1619) against the same month in 2023 (average: 0.1701), the exchange rate shifted by -0.0082 (-4.80%).

2024 Avg (February) 0.1619
2023 Avg (February) 0.1701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1632 0.1617 0.1623
February 0.1635 0.1612 0.1619
March 0.1618 0.1605 0.1611
April 0.1614 0.1605 0.1610
May 0.1613 0.1582 0.1600
June 0.1594 0.1561 0.1577
July 0.1579 0.1525 0.1568
August 0.1538 0.1486 0.1519
September 0.1557 0.1500 0.1531
October 0.1577 0.1510 0.1538
November 0.1536 0.1485 0.1500
December 0.1536 0.1513 0.1520