YEARLY HIGH
0.0828 TJS
YEARLY LOW
0.0784 TJS
YEARLY AVERAGE
0.0806 TJS

2024 NPR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0828. Conversely, the yearly low was recorded on August 8, dropping to 0.0784.

This high-to-low spread represents a total annual volatility of 0.0044 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0822 to the December average rate of 0.0803, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0828 was down 0.97% compared to the 2023 peak of 0.0836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414 TJS
2023 Average 409 TJS
Yearly Trough Low 392 TJS
Transaction Impact: A difference of 21.95 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0828
0.0787
JanuMarcMayJulySeptNove

NPR 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 0.0817, compared to 0.0794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0817
H2 Avg (Jul–Dec) 0.0794

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 TJS (High: 0.0805 / Low: 0.0787). On the other end, October was the most stable month, with a tight range of 0.0005 TJS (High: 0.0794 / Low: 0.0789).

November Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0824) against the same month in 2023 (average: 0.0803), the exchange rate shifted by +0.0022 (+2.70%).

2024 Avg (March) 0.0824
2023 Avg (March) 0.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0824 0.0814 0.0822
February 0.0827 0.0818 0.0824
March 0.0828 0.0817 0.0824
April 0.0823 0.0817 0.0820
May 0.0818 0.0803 0.0813
June 0.0807 0.0792 0.0800
July 0.0801 0.0790 0.0796
August 0.0795 0.0784 0.0791
September 0.0797 0.0792 0.0794
October 0.0794 0.0789 0.0792
November 0.0805 0.0787 0.0791
December 0.0806 0.0796 0.0803