YEARLY HIGH
0.6563 BOB
YEARLY LOW
0.6293 BOB
YEARLY AVERAGE
0.6411 BOB

2024 TJS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.6563. Conversely, the yearly low was recorded on March 2, dropping to 0.6293.

This high-to-low spread represents a total annual volatility of 0.0270 BOB. From a start-to-finish perspective, comparing the January average rate of 0.6325 to the December average rate of 0.6332, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6563 was down 4.94% compared to the 2023 peak of 0.6904, 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 3,281 BOB
2023 Average 3,198 BOB
Yearly Trough Low 3,146 BOB
Transaction Impact: A difference of 135.15 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6530
0.6294
JanuMarcMayJulySeptNove

TJS to BOB 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 0.6354, compared to 0.6468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.6354
H2 Avg (Jul–Dec) 0.6468

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0185 BOB (High: 0.6524 / Low: 0.6340). On the other end, January was the most stable month, with a tight range of 0.0037 BOB (High: 0.6339 / Low: 0.6302).

November Spread (Volatile) ±0.0185
January Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0154 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6510) against the same month in 2023 (average: 0.6296), the exchange rate shifted by +0.0214 (+3.40%).

2024 Avg (August) 0.6510
2023 Avg (August) 0.6296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6339 0.6302 0.6325
February 0.6342 0.6296 0.6316
March 0.6339 0.6293 0.6314
April 0.6348 0.6305 0.6330
May 0.6456 0.6328 0.6371
June 0.6534 0.6413 0.6466
July 0.6531 0.6455 0.6494
August 0.6563 0.6476 0.6510
September 0.6518 0.6476 0.6493
October 0.6524 0.6479 0.6493
November 0.6524 0.6340 0.6486
December 0.6363 0.6316 0.6332