2024 TJS to SGD Historical Review

YEARLY HIGH

0.1278 SGD

YEARLY LOW

0.1203 SGD

YEARLY AVERAGE

0.1239 SGD

2024 TJS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 0.1278. Conversely, the yearly low was recorded on January 1, dropping to 0.1203.

This high-to-low spread represents a total annual volatility of 0.0075 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1223 to the December average rate of 0.1238, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1278 was down 5.53% compared to the 2023 peak of 0.1353, 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 639 SGD

2023 Average 622 SGD

Yearly Trough Low 601 SGD

Transaction Impact: A difference of 37.69 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1270

0.1212

JanuMarcMayJulySeptNove

TJS to SGD 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 0.1238, compared to 0.1240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1238

H2 Avg (Jul–Dec) 0.1240

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0048 SGD (High: 0.1265 / Low: 0.1217). On the other end, February was the most stable month, with a tight range of 0.0015 SGD (High: 0.1233 / Low: 0.1219).

August Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1266) against the same month in 2023 (average: 0.1233), the exchange rate shifted by +0.0033 (+2.66%).

2024 Avg (June) 0.1266

2023 Avg (June) 0.1233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1233	0.1203	0.1223
February	0.1233	0.1219	0.1229
March	0.1237	0.1214	0.1226
April	0.1250	0.1228	0.1242
May	0.1263	0.1235	0.1246
June	0.1278	0.1251	0.1266
July	0.1274	0.1259	0.1265
August	0.1265	0.1217	0.1240
September	0.1227	0.1203	0.1217
October	0.1243	0.1211	0.1230
November	0.1265	0.1228	0.1253
December	0.1254	0.1224	0.1238