2024 AFN to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 41.8607. Conversely, the yearly low was recorded on December 17, dropping to 33.5239.
This high-to-low spread represents a total annual volatility of 8.3367 TZS. From a start-to-finish perspective, comparing the January average rate of 35.2426 to the December average rate of 35.5606, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 41.8607 was up 14.43% compared to the 2023 peak of 36.5827, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AFN to TZS 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 35.7853, compared to 38.4620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 5.3853 TZS (High: 38.9092 / Low: 33.5239). On the other end, April was the most stable month, with a tight range of 0.6701 TZS (High: 36.2663 / Low: 35.5962).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.8454 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 40.6173) against the same month in 2023 (average: 33.1746), the exchange rate shifted by +7.4427 (+22.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.9573 | 33.9091 | 35.2426 |
| February | 35.2140 | 33.7896 | 34.7270 |
| March | 36.0237 | 34.9286 | 35.3743 |
| April | 36.2663 | 35.5962 | 35.9846 |
| May | 36.9352 | 35.7410 | 36.2064 |
| June | 37.6868 | 36.2825 | 37.1766 |
| July | 38.3059 | 37.2649 | 37.7623 |
| August | 38.6999 | 37.9768 | 38.2062 |
| September | 40.1471 | 38.3161 | 39.2197 |
| October | 41.8607 | 39.5808 | 40.6173 |
| November | 40.3704 | 38.8209 | 39.4061 |
| December | 38.9092 | 33.5239 | 35.5606 |