YEARLY HIGH
2.9400 TJS
YEARLY LOW
2.7996 TJS
YEARLY AVERAGE
2.8740 TJS

2024 SAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.9400. Conversely, the yearly low was recorded on August 4, dropping to 2.7996.

This high-to-low spread represents a total annual volatility of 0.1404 TJS. From a start-to-finish perspective, comparing the January average rate of 2.9129 to the December average rate of 2.9049, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9400 was up 0.16% compared to the 2023 peak of 2.9352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,700 TJS
2023 Average 14,402 TJS
Yearly Trough Low 13,998 TJS
Transaction Impact: A difference of 702.04 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9277
2.8176
JanuMarcMayJulySeptNove

SAR 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 2.9009, compared to 2.8472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 2.9009
H2 Avg (Jul–Dec) 2.8472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0816 TJS (High: 2.9031 / Low: 2.8215). On the other end, April was the most stable month, with a tight range of 0.0162 TJS (High: 2.9221 / Low: 2.9059).

November Spread (Volatile) ±0.0816
April Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0425 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.9185) against the same month in 2023 (average: 2.7698), the exchange rate shifted by +0.1487 (+5.37%).

2024 Avg (February) 2.9185
2023 Avg (February) 2.7698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9269 2.9053 2.9129
February 2.9400 2.9080 2.9185
March 2.9303 2.9079 2.9180
April 2.9221 2.9059 2.9149
May 2.9140 2.8582 2.8918
June 2.8811 2.8198 2.8492
July 2.8534 2.8215 2.8359
August 2.8515 2.7996 2.8267
September 2.8491 2.8300 2.8374
October 2.8477 2.8281 2.8376
November 2.9031 2.8215 2.8407
December 2.9130 2.8963 2.9049