YEARLY HIGH
0.3714 TJS
YEARLY LOW
0.2956 TJS
YEARLY AVERAGE
0.3273 TJS

2024 SRD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.3714. Conversely, the yearly low was recorded on January 11, dropping to 0.2956.

This high-to-low spread represents a total annual volatility of 0.0757 TJS. From a start-to-finish perspective, comparing the January average rate of 0.2978 to the December average rate of 0.3099, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3714 was up 14.57% compared to the 2023 peak of 0.3241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,857 TJS
2023 Average 1,479 TJS
Yearly Trough Low 1,478 TJS
Transaction Impact: A difference of 378.68 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3754
0.2907
JanuMarcMayJulySeptNove

SRD 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 0.3168, compared to 0.3377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.3168
H2 Avg (Jul–Dec) 0.3377

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0374 TJS (High: 0.3471 / Low: 0.3097). On the other end, January was the most stable month, with a tight range of 0.0043 TJS (High: 0.2999 / Low: 0.2956).

October Spread (Volatile) ±0.0374
January Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0305 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3683) against the same month in 2023 (average: 0.2868), the exchange rate shifted by +0.0816 (+28.45%).

2024 Avg (August) 0.3683
2023 Avg (August) 0.2868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2999 0.2956 0.2978
February 0.3106 0.2969 0.3028
March 0.3140 0.3083 0.3106
April 0.3231 0.3116 0.3159
May 0.3395 0.3229 0.3326
June 0.3493 0.3330 0.3409
July 0.3680 0.3455 0.3584
August 0.3714 0.3633 0.3683
September 0.3698 0.3465 0.3586
October 0.3471 0.3097 0.3281
November 0.3094 0.2991 0.3032
December 0.3119 0.3073 0.3099