2024 CAD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2035.2281. Conversely, the yearly low was recorded on December 18, dropping to 1632.9814.
This high-to-low spread represents a total annual volatility of 402.2467 TZS. From a start-to-finish perspective, comparing the January average rate of 1878.4534 to the December average rate of 1730.3041, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2035.2281 was up 6.61% compared to the 2023 peak of 1909.1072, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD 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 1891.1193, compared to 1926.1396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.0203 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 248.0587 TZS (High: 1881.0401 / Low: 1632.9814). On the other end, May was the most stable month, with a tight range of 18.9310 TZS (High: 1908.7248 / Low: 1889.7938).
Growth Streaks & Declines
TrendsBetween 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 176.9712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2011.7450) against the same month in 2023 (average: 1848.9946), the exchange rate shifted by +162.7504 (+8.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1903.6707 | 1863.0854 | 1878.4534 |
| February | 1891.5869 | 1870.2305 | 1882.7689 |
| March | 1905.6257 | 1868.2096 | 1885.6246 |
| April | 1907.7684 | 1868.2685 | 1888.2406 |
| May | 1908.7248 | 1889.7938 | 1898.5917 |
| June | 1956.3931 | 1894.0633 | 1913.0365 |
| July | 1961.8515 | 1925.2829 | 1948.2543 |
| August | 2017.7518 | 1930.9764 | 1979.4040 |
| September | 2035.2281 | 2001.9620 | 2011.7450 |
| October | 2017.1812 | 1944.7337 | 1979.8547 |
| November | 1953.6501 | 1879.6031 | 1907.2753 |
| December | 1881.0401 | 1632.9814 | 1730.3041 |