2024 TJS to DKK Historical Review

YEARLY HIGH

0.6723 DKK

YEARLY LOW

0.6155 DKK

YEARLY AVERAGE

0.6395 DKK

2024 TJS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.6723. Conversely, the yearly low was recorded on January 1, dropping to 0.6155.

This high-to-low spread represents a total annual volatility of 0.0569 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6258 to the December average rate of 0.6527, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6723 was down 4.63% compared to the 2023 peak of 0.7049, 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 3,362 DKK

2023 Average 3,191 DKK

Yearly Trough Low 3,077 DKK

Transaction Impact: A difference of 284.30 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6613

0.6226

JanuMarcMayJulySeptNove

TJS to DKK 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 0.6342, compared to 0.6448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.6342

H2 Avg (Jul–Dec) 0.6448

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0320 DKK (High: 0.6723 / Low: 0.6403). On the other end, February was the most stable month, with a tight range of 0.0082 DKK (High: 0.6354 / Low: 0.6272).

November Spread (Volatile) ±0.0320

February Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0080 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6581) against the same month in 2023 (average: 0.6306), the exchange rate shifted by +0.0274 (+4.35%).

2024 Avg (November) 0.6581

2023 Avg (November) 0.6306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6327	0.6155	0.6258
February	0.6354	0.6272	0.6311
March	0.6328	0.6219	0.6271
April	0.6436	0.6273	0.6365
May	0.6433	0.6296	0.6363
June	0.6579	0.6371	0.6487
July	0.6520	0.6406	0.6463
August	0.6532	0.6262	0.6383
September	0.6361	0.6267	0.6308
October	0.6504	0.6335	0.6425
November	0.6723	0.6403	0.6581
December	0.6619	0.6444	0.6527