YEARLY HIGH
1.0894 TJS
YEARLY LOW
0.9620 TJS
YEARLY AVERAGE
1.0203 TJS

2024 SEK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0894. Conversely, the yearly low was recorded on November 21, dropping to 0.9620.

This high-to-low spread represents a total annual volatility of 0.1275 TJS. From a start-to-finish perspective, comparing the January average rate of 1.0560 to the December average rate of 0.9925, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0894 was down 0.80% compared to the 2023 peak of 1.0983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,447 TJS
2023 Average 5,094 TJS
Yearly Trough Low 4,810 TJS
Transaction Impact: A difference of 637.29 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0635
0.9724
JanuMarcMayJulySeptNove

SEK 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 1.0318, compared to 1.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 1.0318
H2 Avg (Jul–Dec) 1.0088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0631 TJS (High: 1.0498 / Low: 0.9867). On the other end, May was the most stable month, with a tight range of 0.0216 TJS (High: 1.0214 / Low: 0.9998).

August Spread (Volatile) ±0.0631
May Spread (Stable) ±0.0216

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 March and April, when the average rate fell by 0.0394 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0560) against the same month in 2023 (average: 0.9849), the exchange rate shifted by +0.0711 (+7.22%).

2024 Avg (January) 1.0560
2023 Avg (January) 0.9849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0894 1.0397 1.0560
February 1.0654 1.0313 1.0489
March 1.0712 1.0230 1.0498
April 1.0377 0.9915 1.0104
May 1.0214 0.9998 1.0091
June 1.0311 1.0026 1.0170
July 1.0289 0.9797 1.0006
August 1.0498 0.9867 1.0207
September 1.0548 1.0254 1.0416
October 1.0353 0.9971 1.0172
November 1.0029 0.9620 0.9800
December 1.0074 0.9781 0.9925