YEARLY HIGH
1.0395 SEK
YEARLY LOW
0.9179 SEK
YEARLY AVERAGE
0.9807 SEK

2024 TJS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.0395. Conversely, the yearly low was recorded on January 1, dropping to 0.9179.

This high-to-low spread represents a total annual volatility of 0.1216 SEK. From a start-to-finish perspective, comparing the January average rate of 0.9472 to the December average rate of 1.0075, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0395 was down 3.00% compared to the 2023 peak of 1.0717, 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 5,198 SEK
2023 Average 4,913 SEK
Yearly Trough Low 4,590 SEK
Transaction Impact: A difference of 608.09 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0279
0.9398
JanuMarcMayJulySeptNove

TJS to SEK 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 0.9696, compared to 0.9918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.9696
H2 Avg (Jul–Dec) 0.9918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0609 SEK (High: 1.0134 / Low: 0.9526). On the other end, May was the most stable month, with a tight range of 0.0211 SEK (High: 1.0002 / Low: 0.9791).

August Spread (Volatile) ±0.0609
May Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.0205) against the same month in 2023 (average: 0.9768), the exchange rate shifted by +0.0438 (+4.48%).

2024 Avg (November) 1.0205
2023 Avg (November) 0.9768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9618 0.9179 0.9472
February 0.9697 0.9386 0.9535
March 0.9775 0.9335 0.9528
April 1.0086 0.9637 0.9898
May 1.0002 0.9791 0.9910
June 0.9974 0.9699 0.9834
July 1.0208 0.9719 0.9996
August 1.0134 0.9526 0.9801
September 0.9753 0.9481 0.9601
October 1.0029 0.9659 0.9832
November 1.0395 0.9971 1.0205
December 1.0224 0.9927 1.0075