YEARLY HIGH
0.7448 HKD
YEARLY LOW
0.7094 HKD
YEARLY AVERAGE
0.7237 HKD

2024 TJS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.7448. Conversely, the yearly low was recorded on February 4, dropping to 0.7094.

This high-to-low spread represents a total annual volatility of 0.0354 HKD. From a start-to-finish perspective, comparing the January average rate of 0.7155 to the December average rate of 0.7124, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7448 was down 4.99% compared to the 2023 peak of 0.7839, 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 3,724 HKD
2023 Average 3,625 HKD
Yearly Trough Low 3,547 HKD
Transaction Impact: A difference of 176.75 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7374
0.7101
JanuMarcMayJulySeptNove

TJS to HKD 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 0.7187, compared to 0.7286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.7187
H2 Avg (Jul–Dec) 0.7286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0214 HKD (High: 0.7348 / Low: 0.7135). On the other end, April was the most stable month, with a tight range of 0.0038 HKD (High: 0.7185 / Low: 0.7147).

November Spread (Volatile) ±0.0214
April Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0169 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7351) against the same month in 2023 (average: 0.7131), the exchange rate shifted by +0.0220 (+3.08%).

2024 Avg (August) 0.7351
2023 Avg (August) 0.7131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7176 0.7116 0.7155
February 0.7171 0.7094 0.7146
March 0.7174 0.7116 0.7149
April 0.7185 0.7147 0.7163
May 0.7293 0.7151 0.7202
June 0.7380 0.7229 0.7308
July 0.7381 0.7296 0.7342
August 0.7448 0.7287 0.7351
September 0.7341 0.7298 0.7318
October 0.7317 0.7263 0.7291
November 0.7348 0.7135 0.7293
December 0.7153 0.7097 0.7124