2024 TJS to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 272.0179. Conversely, the yearly low was recorded on January 20, dropping to 243.7740.
This high-to-low spread represents a total annual volatility of 28.2439 CDF. From a start-to-finish perspective, comparing the January average rate of 249.1655 to the December average rate of 261.5498, the exchange rate registered a net change of 4.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 272.0179 was up 6.15% compared to the 2023 peak of 256.2667, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TJS to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 255.4317, compared to 266.8529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4212 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 8.7522 CDF (High: 270.9550 / Low: 262.2028). On the other end, February was the most stable month, with a tight range of 2.5462 CDF (High: 252.7671 / Low: 250.2209).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 6.5985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 268.5984) against the same month in 2023 (average: 225.6246), the exchange rate shifted by +42.9738 (+19.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 252.2953 | 243.7740 | 249.1655 |
| February | 252.7671 | 250.2209 | 251.8338 |
| March | 255.5413 | 252.8889 | 253.5068 |
| April | 257.8638 | 253.7450 | 255.3295 |
| May | 263.6048 | 255.1247 | 257.7675 |
| June | 268.3657 | 260.8357 | 264.9871 |
| July | 269.7794 | 265.5090 | 267.3338 |
| August | 272.0179 | 265.2354 | 268.5984 |
| September | 269.3020 | 266.2634 | 267.5265 |
| October | 270.2536 | 266.4375 | 267.9608 |
| November | 270.9550 | 262.2028 | 268.1483 |
| December | 263.3224 | 260.0494 | 261.5498 |