2024 TJS to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 129.3409. Conversely, the yearly low was recorded on January 1, dropping to 115.0272.
This high-to-low spread represents a total annual volatility of 14.3137 RWF. From a start-to-finish perspective, comparing the January average rate of 116.3199 to the December average rate of 126.7680, the exchange rate registered a net change of 8.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 129.3409 was up 12.05% compared to the 2023 peak of 115.4294, 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 RWF 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 118.3713, compared to 126.0821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7108 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 3.6912 RWF (High: 121.9882 / Low: 118.2970). On the other end, April was the most stable month, with a tight range of 1.3212 RWF (High: 118.7316 / Low: 117.4104).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5736 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 128.3415) against the same month in 2023 (average: 112.9146), the exchange rate shifted by +15.4270 (+13.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.9317 | 115.0272 | 116.3199 |
| February | 117.8060 | 116.0816 | 116.5440 |
| March | 117.8371 | 116.2193 | 117.2992 |
| April | 118.7316 | 117.4104 | 117.9630 |
| May | 121.9882 | 118.2970 | 119.6823 |
| June | 124.0076 | 120.9939 | 122.4196 |
| July | 124.7077 | 122.4367 | 123.4496 |
| August | 126.1673 | 123.5212 | 124.8078 |
| September | 127.5815 | 124.6146 | 126.1382 |
| October | 128.2918 | 125.3181 | 126.9876 |
| November | 129.3409 | 125.8380 | 128.3415 |
| December | 127.7269 | 124.2004 | 126.7680 |