YEARLY HIGH
1.7732 SZL
YEARLY LOW
1.6135 SZL
YEARLY AVERAGE
1.6987 SZL

2024 TJS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1.7732. Conversely, the yearly low was recorded on September 30, dropping to 1.6135.

This high-to-low spread represents a total annual volatility of 0.1598 SZL. From a start-to-finish perspective, comparing the January average rate of 1.7195 to the December average rate of 1.6700, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7732 was down 4.66% compared to the 2023 peak of 1.8599, 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 8,866 SZL
2023 Average 8,536 SZL
Yearly Trough Low 8,067 SZL
Transaction Impact: A difference of 798.83 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7415
1.6398
JanuMarcMayJulySeptNove

TJS to SZL 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 1.7199, compared to 1.6774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 1.7199
H2 Avg (Jul–Dec) 1.6774

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1105 SZL (High: 1.7298 / Low: 1.6193). On the other end, October was the most stable month, with a tight range of 0.0407 SZL (High: 1.6661 / Low: 1.6254).

December Spread (Volatile) ±0.1105
October Spread (Stable) ±0.0407

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0447 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1.7242) against the same month in 2023 (average: 1.7136), the exchange rate shifted by +0.0106 (+0.62%).

2024 Avg (June) 1.7242
2023 Avg (June) 1.7136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7553 1.6864 1.7195
February 1.7604 1.7022 1.7330
March 1.7503 1.6990 1.7218
April 1.7597 1.6885 1.7246
May 1.7361 1.6781 1.6965
June 1.7732 1.6851 1.7242
July 1.7380 1.6875 1.7136
August 1.7608 1.6528 1.6995
September 1.6887 1.6135 1.6549
October 1.6661 1.6254 1.6482
November 1.7080 1.6359 1.6783
December 1.7298 1.6193 1.6700