YEARLY HIGH
0.1763 BAM
YEARLY LOW
0.1613 BAM
YEARLY AVERAGE
0.1676 BAM

2024 TJS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.1763. Conversely, the yearly low was recorded on January 1, dropping to 0.1613.

This high-to-low spread represents a total annual volatility of 0.0150 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1640 to the December average rate of 0.1710, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1763 was down 4.86% compared to the 2023 peak of 0.1853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 881 BAM
2023 Average 837 BAM
Yearly Trough Low 807 BAM
Transaction Impact: A difference of 74.85 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1732
0.1632
JanuMarcMayJulySeptNove

TJS to BAM 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 0.1663, compared to 0.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1663
H2 Avg (Jul–Dec) 0.1690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0080 BAM (High: 0.1763 / Low: 0.1683). On the other end, September was the most stable month, with a tight range of 0.0023 BAM (High: 0.1665 / Low: 0.1641).

November Spread (Volatile) ±0.0080
September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1724) against the same month in 2023 (average: 0.1655), the exchange rate shifted by +0.0069 (+4.15%).

2024 Avg (November) 0.1724
2023 Avg (November) 0.1655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1657 0.1613 0.1640
February 0.1669 0.1644 0.1655
March 0.1657 0.1631 0.1644
April 0.1683 0.1643 0.1667
May 0.1686 0.1657 0.1669
June 0.1723 0.1673 0.1700
July 0.1713 0.1680 0.1694
August 0.1711 0.1643 0.1675
September 0.1665 0.1641 0.1653
October 0.1704 0.1656 0.1684
November 0.1763 0.1683 0.1724
December 0.1725 0.1695 0.1710