YEARLY HIGH
0.8350 TJS
YEARLY LOW
0.6978 TJS
YEARLY AVERAGE
0.7892 TJS

2024 SCR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.8350. Conversely, the yearly low was recorded on August 4, dropping to 0.6978.

This high-to-low spread represents a total annual volatility of 0.1372 TJS. From a start-to-finish perspective, comparing the January average rate of 0.8164 to the December average rate of 0.7736, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8350 was down 3.29% compared to the 2023 peak of 0.8634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,175 TJS
2023 Average 4,023 TJS
Yearly Trough Low 3,489 TJS
Transaction Impact: A difference of 685.92 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8209
0.7666
JanuMarcMayJulySeptNove

SCR 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 0.8013, compared to 0.7772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.8013
H2 Avg (Jul–Dec) 0.7772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1335 TJS (High: 0.8313 / Low: 0.6978). On the other end, July was the most stable month, with a tight range of 0.0348 TJS (High: 0.7884 / Low: 0.7536).

August Spread (Volatile) ±0.1335
July Spread (Stable) ±0.0348

Growth Streaks & Declines

Trends

Between July and September, 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 0.0203 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8164) against the same month in 2023 (average: 0.7559), the exchange rate shifted by +0.0605 (+8.00%).

2024 Avg (January) 0.8164
2023 Avg (January) 0.7559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8350 0.7884 0.8164
February 0.8309 0.7921 0.8133
March 0.8229 0.7684 0.8052
April 0.8154 0.7588 0.8046
May 0.8132 0.7766 0.7942
June 0.7902 0.7225 0.7739
July 0.7884 0.7536 0.7712
August 0.8313 0.6978 0.7729
September 0.8296 0.7627 0.7919
October 0.8143 0.7079 0.7777
November 0.7992 0.7456 0.7761
December 0.8189 0.7219 0.7736