YEARLY HIGH
59.1368 XOF
YEARLY LOW
54.1511 XOF
YEARLY AVERAGE
56.2291 XOF

2024 TJS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 59.1368. Conversely, the yearly low was recorded on January 1, dropping to 54.1511.

This high-to-low spread represents a total annual volatility of 4.9857 XOF. From a start-to-finish perspective, comparing the January average rate of 55.0394 to the December average rate of 57.4022, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.1368 was down 4.77% compared to the 2023 peak of 62.0995, 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 295,684 XOF
2023 Average 280,708 XOF
Yearly Trough Low 270,755 XOF
Transaction Impact: A difference of 24,928.39 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.1392
54.7576
JanuMarcMayJulySeptNove

TJS to XOF 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 55.7716, compared to 56.6866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9150 points.

H1 Avg (Jan–Jun) 55.7716
H2 Avg (Jul–Dec) 56.6866

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.8191 XOF (High: 59.1368 / Low: 56.3177). On the other end, February was the most stable month, with a tight range of 0.7229 XOF (High: 55.9155 / Low: 55.1926).

November Spread (Volatile) ±2.8191
February Spread (Stable) ±0.7229

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.7062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 57.8574) against the same month in 2023 (average: 55.4575), the exchange rate shifted by +2.3998 (+4.33%).

2024 Avg (November) 57.8574
2023 Avg (November) 55.4575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.6716 54.1511 55.0394
February 55.9155 55.1926 55.5215
March 55.6533 54.7043 55.1387
April 56.5908 55.1689 55.9616
May 56.5662 55.3529 55.9334
June 57.8585 56.0305 57.0349
July 57.3369 56.3232 56.8100
August 57.4217 55.0597 56.1038
September 55.9172 55.1223 55.4544
October 57.2069 55.7142 56.4917
November 59.1368 56.3177 57.8574
December 58.1957 56.6770 57.4022