2024 JMD to TJS Historical Review

YEARLY HIGH

0.0716 TJS

YEARLY LOW

0.0668 TJS

YEARLY AVERAGE

0.0690 TJS

2024 JMD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0716. Conversely, the yearly low was recorded on November 23, dropping to 0.0668.

This high-to-low spread represents a total annual volatility of 0.0048 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0704 to the December average rate of 0.0698, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0716 was down 1.23% compared to the 2023 peak of 0.0725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 358 TJS

2023 Average 351 TJS

Yearly Trough Low 334 TJS

Transaction Impact: A difference of 24.25 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0712

0.0669

JanuMarcMayJulySeptNove

JMD 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 0.0700, compared to 0.0680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0700

H2 Avg (Jul–Dec) 0.0680

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0024 TJS (High: 0.0692 / Low: 0.0668). On the other end, February was the most stable month, with a tight range of 0.0008 TJS (High: 0.0703 / Low: 0.0696).

November Spread (Volatile) ±0.0024

February Spread (Stable) ±0.0008

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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0705) against the same month in 2023 (average: 0.0717), the exchange rate shifted by -0.0012 (-1.66%).

2024 Avg (April) 0.0705

2023 Avg (April) 0.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0710	0.0700	0.0704
February	0.0703	0.0696	0.0700
March	0.0713	0.0701	0.0708
April	0.0716	0.0699	0.0705
May	0.0700	0.0688	0.0694
June	0.0693	0.0679	0.0687
July	0.0685	0.0677	0.0680
August	0.0681	0.0671	0.0677
September	0.0684	0.0674	0.0678
October	0.0677	0.0669	0.0673
November	0.0692	0.0668	0.0673
December	0.0702	0.0692	0.0698