YEARLY HIGH
8507.5904 LBP
YEARLY LOW
1367.9612 LBP
YEARLY AVERAGE
7325.8618 LBP

2024 TJS to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 8507.5904. Conversely, the yearly low was recorded on January 5, dropping to 1367.9612.

This high-to-low spread represents a total annual volatility of 7139.6293 LBP. From a start-to-finish perspective, comparing the January average rate of 1375.9158 to the December average rate of 8203.5754, the exchange rate registered a net change of 496.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8507.5904 was up 458.63% compared to the 2023 peak of 1522.9490, 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 42,537,952 LBP
2023 Average 6,323,911 LBP
Yearly Trough Low 6,839,806 LBP
Transaction Impact: A difference of 35,698,146.28 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9143.0571
669.8121
JanuMarcMayJulySeptNove

TJS to LBP 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 6271.8871, compared to 8379.8366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2107.9496 points.

H1 Avg (Jan–Jun) 6271.8871
H2 Avg (Jul–Dec) 8379.8366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 6816.0426 LBP (High: 8185.5648 / Low: 1369.5222). On the other end, January was the most stable month, with a tight range of 12.4318 LBP (High: 1380.3929 / Low: 1367.9612).

February Spread (Volatile) ±6816.0426
January Spread (Stable) ±12.4318

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 195.1498 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -195.1498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 8436.9533) against the same month in 2023 (average: 1372.1466), the exchange rate shifted by +7064.8067 (+514.87%).

2024 Avg (August) 8436.9533
2023 Avg (August) 1372.1466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1380.3929 1367.9612 1375.9158
February 8185.5648 1369.5222 3250.0968
March 8203.9959 8154.7093 8182.3526
April 8211.7698 8169.6802 8188.1453
May 8353.0827 8197.1518 8254.2433
June 8468.0239 8304.9210 8380.5685
July 8467.3154 8368.4378 8416.1837
August 8507.5904 8385.3020 8436.9533
September 8430.1420 8388.9249 8413.0092
October 8433.9107 8395.4901 8410.5728
November 8467.0847 8214.9997 8398.7252
December 8223.7317 8183.8262 8203.5754