2024 TJS to MGA Historical Review

YEARLY HIGH

439.9479 MGA

YEARLY LOW

396.9496 MGA

YEARLY AVERAGE

420.6753 MGA

2024 TJS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 439.9479. Conversely, the yearly low was recorded on April 3, dropping to 396.9496.

This high-to-low spread represents a total annual volatility of 42.9983 MGA. From a start-to-finish perspective, comparing the January average rate of 417.7844 to the December average rate of 430.6632, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 439.9479 was down 1.38% compared to the 2023 peak of 446.0969, 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 2,199,740 MGA

2023 Average 2,060,260 MGA

Yearly Trough Low 1,984,748 MGA

Transaction Impact: A difference of 214,991.46 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

439.3411

398.6854

JanuMarcMayJulySeptNove

TJS to MGA 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 411.6741, compared to 429.6764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.0023 points.

H1 Avg (Jan–Jun) 411.6741

H2 Avg (Jul–Dec) 429.6764

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 15.2185 MGA (High: 413.4226 / Low: 398.2041). On the other end, September was the most stable month, with a tight range of 3.8390 MGA (High: 428.5254 / Low: 424.6864).

March Spread (Volatile) ±15.2185

September Spread (Stable) ±3.8390

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.5862 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.5862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 435.9531) against the same month in 2023 (average: 412.9509), the exchange rate shifted by +23.0022 (+5.57%).

2024 Avg (November) 435.9531

2023 Avg (November) 412.9509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	421.2253	414.2117	417.7844
February	416.6129	412.5681	414.7971
March	413.4226	398.2041	408.2110
April	406.6466	396.9496	402.0733
May	415.0884	404.9823	408.7057
June	426.4149	412.9635	418.4732
July	430.2855	417.5885	423.5193
August	434.5234	424.1977	430.4386
September	428.5254	424.6864	426.6661
October	433.7633	426.4753	430.8182
November	439.9479	430.3707	435.9531
December	433.4485	427.2578	430.6632