YEARLY HIGH
277.4505 BIF
YEARLY LOW
259.8618 BIF
YEARLY AVERAGE
267.5291 BIF

2024 TJS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 277.4505. Conversely, the yearly low was recorded on January 7, dropping to 259.8618.

This high-to-low spread represents a total annual volatility of 17.5887 BIF. From a start-to-finish perspective, comparing the January average rate of 261.2092 to the December average rate of 270.1193, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 277.4505 was up 5.97% compared to the 2023 peak of 261.8273, 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 1,387,252 BIF
2023 Average 1,177,002 BIF
Yearly Trough Low 1,299,309 BIF
Transaction Impact: A difference of 87,943.37 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

275.0770
259.9485
JanuMarcMayJulySeptNove

TJS to BIF 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 263.2960, compared to 271.7622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4661 points.

H1 Avg (Jan–Jun) 263.2960
H2 Avg (Jul–Dec) 271.7622

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 12.0216 BIF (High: 277.4505 / Low: 265.4288). On the other end, March was the most stable month, with a tight range of 0.9438 BIF (High: 261.9409 / Low: 260.9972).

November Spread (Volatile) ±12.0216
March Spread (Stable) ±0.9438

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.6970 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -3.6970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 273.8163) against the same month in 2023 (average: 259.7544), the exchange rate shifted by +14.0620 (+5.41%).

2024 Avg (November) 273.8163
2023 Avg (November) 259.7544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 262.3444 259.8618 261.2092
February 262.9878 260.3133 261.2899
March 261.9409 260.9972 261.4181
April 263.1826 261.1785 262.0940
May 268.1755 262.5566 264.6222
June 271.8515 266.7011 269.1429
July 272.1201 269.0689 270.6212
August 273.7394 270.0103 271.5794
September 272.7125 270.4899 271.8148
October 277.0118 271.1891 272.6218
November 277.4505 265.4288 273.8163
December 271.4452 265.5236 270.1193