YEARLY HIGH
0.6198 TJS
YEARLY LOW
0.5639 TJS
YEARLY AVERAGE
0.5889 TJS

2024 SZL to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.6198. Conversely, the yearly low was recorded on June 8, dropping to 0.5639.

This high-to-low spread represents a total annual volatility of 0.0558 TJS. From a start-to-finish perspective, comparing the January average rate of 0.5816 to the December average rate of 0.5990, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6198 was down 0.53% compared to the 2023 peak of 0.6231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,099 TJS
2023 Average 2,931 TJS
Yearly Trough Low 2,820 TJS
Transaction Impact: A difference of 279.20 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6097
0.5741
JanuMarcMayJulySeptNove

SZL 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 0.5815, compared to 0.5964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.5815
H2 Avg (Jul–Dec) 0.5964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0394 TJS (High: 0.6175 / Low: 0.5781). On the other end, October was the most stable month, with a tight range of 0.0150 TJS (High: 0.6152 / Low: 0.6002).

December Spread (Volatile) ±0.0394
October Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0107 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.6044) against the same month in 2023 (average: 0.5794), the exchange rate shifted by +0.0250 (+4.32%).

2024 Avg (September) 0.6044
2023 Avg (September) 0.5794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5930 0.5697 0.5816
February 0.5875 0.5681 0.5771
March 0.5886 0.5713 0.5808
April 0.5922 0.5683 0.5799
May 0.5959 0.5760 0.5895
June 0.5934 0.5639 0.5801
July 0.5926 0.5754 0.5836
August 0.6050 0.5679 0.5886
September 0.6198 0.5922 0.6044
October 0.6152 0.6002 0.6067
November 0.6113 0.5855 0.5960
December 0.6175 0.5781 0.5990