YEARLY HIGH
0.0750 GBP
YEARLY LOW
0.0700 GBP
YEARLY AVERAGE
0.0726 GBP

2024 TJS to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0750. Conversely, the yearly low was recorded on September 24, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0049 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0720 to the December average rate of 0.0725, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0750 was down 11.23% compared to the 2023 peak of 0.0844, 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 375 GBP
2023 Average 373 GBP
Yearly Trough Low 350 GBP
Transaction Impact: A difference of 24.57 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0739
0.0708
JanuMarcMayJulySeptNove

TJS to GBP 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 0.0727, compared to 0.0725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0727
H2 Avg (Jul–Dec) 0.0725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0039 GBP (High: 0.0747 / Low: 0.0708). On the other end, January was the most stable month, with a tight range of 0.0008 GBP (High: 0.0724 / Low: 0.0716).

August Spread (Volatile) ±0.0039
January Spread (Stable) ±0.0008

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 August and September, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0735) against the same month in 2023 (average: 0.0736), the exchange rate shifted by -0.0001 (-0.11%).

2024 Avg (November) 0.0735
2023 Avg (November) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0724 0.0716 0.0720
February 0.0729 0.0719 0.0723
March 0.0728 0.0710 0.0719
April 0.0742 0.0720 0.0731
May 0.0734 0.0724 0.0730
June 0.0746 0.0726 0.0736
July 0.0742 0.0722 0.0730
August 0.0747 0.0708 0.0728
September 0.0720 0.0700 0.0710
October 0.0728 0.0708 0.0719
November 0.0750 0.0720 0.0735
December 0.0734 0.0717 0.0725