2024 TJS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 13.1625. Conversely, the yearly low was recorded on March 13, dropping to 12.3377.
This high-to-low spread represents a total annual volatility of 0.8248 ISK. From a start-to-finish perspective, comparing the January average rate of 12.5327 to the December average rate of 12.7088, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.1625 was down 8.96% compared to the 2023 peak of 14.4585, 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 ISK 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 12.7103, compared to 12.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1705 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.5233 ISK (High: 13.1190 / Low: 12.5957). On the other end, July was the most stable month, with a tight range of 0.2237 ISK (High: 13.0594 / Low: 12.8356).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2322 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 12.9879) against the same month in 2023 (average: 12.0122), the exchange rate shifted by +0.9757 (+8.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.6363 | 12.3910 | 12.5327 |
| February | 12.6754 | 12.4444 | 12.5845 |
| March | 12.7462 | 12.3377 | 12.5377 |
| April | 12.9947 | 12.6615 | 12.8294 |
| May | 12.9077 | 12.6824 | 12.7980 |
| June | 13.1519 | 12.7705 | 12.9794 |
| July | 13.0594 | 12.8356 | 12.9458 |
| August | 13.1625 | 12.8094 | 12.9879 |
| September | 13.0475 | 12.6762 | 12.8606 |
| October | 13.0202 | 12.6859 | 12.8405 |
| November | 13.1190 | 12.5957 | 12.9409 |
| December | 12.8371 | 12.5717 | 12.7088 |