YEARLY HIGH
1609.9171 TZS
YEARLY LOW
1383.3559 TZS
YEARLY AVERAGE
1537.8865 TZS

2024 AZN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1609.9171. Conversely, the yearly low was recorded on December 16, dropping to 1383.3559.

This high-to-low spread represents a total annual volatility of 226.5611 TZS. From a start-to-finish perspective, comparing the January average rate of 1482.3269 to the December average rate of 1451.0234, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1609.9171 was up 8.53% compared to the 2023 peak of 1483.4271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 8,049,585 TZS
2023 Average 7,122,866 TZS
Yearly Trough Low 6,916,780 TZS
Transaction Impact: A difference of 1,132,805.55 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1618.4852
1435.7996
JanuMarcMayJulySeptNove

AZN to TZS 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 1511.0418, compared to 1564.7313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.6895 points.

H1 Avg (Jan–Jun) 1511.0418
H2 Avg (Jul–Dec) 1564.7313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 169.2692 TZS (High: 1552.6251 / Low: 1383.3559). On the other end, October was the most stable month, with a tight range of 11.5400 TZS (High: 1605.6577 / Low: 1594.1176).

December Spread (Volatile) ±169.2692
October Spread (Stable) ±11.5400

Growth Streaks & Declines

Trends

Between January and September, 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 117.6955 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -117.6955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1603.2614) against the same month in 2023 (average: 1473.7685), the exchange rate shifted by +129.4929 (+8.79%).

2024 Avg (September) 1603.2614
2023 Avg (September) 1473.7685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1499.9625 1474.7308 1482.3269
February 1500.3548 1482.6076 1494.5487
March 1517.6471 1493.4249 1501.4560
April 1527.2735 1509.2320 1519.1717
May 1533.6988 1518.4881 1526.4199
June 1573.8031 1530.4090 1542.3276
July 1590.2161 1555.9004 1571.8179
August 1599.9560 1576.8682 1591.1282
September 1609.9171 1593.0824 1603.2614
October 1605.6577 1594.1176 1602.4378
November 1602.9412 1550.0105 1568.7190
December 1552.6251 1383.3559 1451.0234