2024 TJS to CVE Historical Review

YEARLY HIGH

9.9482 CVE

YEARLY LOW

9.0954 CVE

YEARLY AVERAGE

9.4605 CVE

2024 TJS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 9.9482. Conversely, the yearly low was recorded on January 1, dropping to 9.0954.

This high-to-low spread represents a total annual volatility of 0.8529 CVE. From a start-to-finish perspective, comparing the January average rate of 9.2585 to the December average rate of 9.6438, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.9482 was down 4.79% compared to the 2023 peak of 10.4487, 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 49,741 CVE

2023 Average 47,275 CVE

Yearly Trough Low 45,477 CVE

Transaction Impact: A difference of 4,264.37 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.7730

9.2118

JanuMarcMayJulySeptNove

TJS to CVE 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 9.3827, compared to 9.5384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1557 points.

H1 Avg (Jan–Jun) 9.3827

H2 Avg (Jul–Dec) 9.5384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4449 CVE (High: 9.9482 / Low: 9.5033). On the other end, September was the most stable month, with a tight range of 0.1189 CVE (High: 9.3967 / Low: 9.2778).

November Spread (Volatile) ±0.4449

September Spread (Stable) ±0.1189

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 0.1243 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 9.7262) against the same month in 2023 (average: 9.3530), the exchange rate shifted by +0.3732 (+3.99%).

2024 Avg (November) 9.7262

2023 Avg (November) 9.3530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3449	9.0954	9.2585
February	9.4181	9.2734	9.3445
March	9.3649	9.2035	9.2799
April	9.5072	9.2757	9.3961
May	9.5191	9.3455	9.4199
June	9.7335	9.4270	9.5970
July	9.6711	9.4780	9.5602
August	9.7028	9.2799	9.4590
September	9.3967	9.2778	9.3347
October	9.6126	9.3494	9.5063
November	9.9482	9.5033	9.7262
December	9.7253	9.5549	9.6438