2024 CDF to TZS Historical Review

YEARLY HIGH

0.9666 TZS

YEARLY LOW

0.8259 TZS

YEARLY AVERAGE

0.9287 TZS

2024 CDF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.9666. Conversely, the yearly low was recorded on December 14, dropping to 0.8259.

This high-to-low spread represents a total annual volatility of 0.1407 TZS. From a start-to-finish perspective, comparing the January average rate of 0.9261 to the December average rate of 0.8642, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9666 was down 16.24% compared to the 2023 peak of 1.1539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,833 TZS

2023 Average 5,217 TZS

Yearly Trough Low 4,130 TZS

Transaction Impact: A difference of 703.50 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9662

0.8549

JanuMarcMayJulySeptNove

CDF 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 0.9246, compared to 0.9327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.9246

H2 Avg (Jul–Dec) 0.9327

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0959 TZS (High: 0.9218 / Low: 0.8259). On the other end, September was the most stable month, with a tight range of 0.0087 TZS (High: 0.9615 / Low: 0.9529).

December Spread (Volatile) ±0.0959

September Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0681 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9495) against the same month in 2023 (average: 1.0074), the exchange rate shifted by -0.0580 (-5.75%).

2024 Avg (August) 0.9495

2023 Avg (August) 1.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9455	0.9149	0.9261
February	0.9270	0.9157	0.9218
March	0.9283	0.9165	0.9204
April	0.9334	0.9122	0.9254
May	0.9335	0.9203	0.9283
June	0.9423	0.9155	0.9259
July	0.9524	0.9269	0.9396
August	0.9666	0.9391	0.9495
September	0.9615	0.9529	0.9569
October	0.9597	0.9452	0.9541
November	0.9517	0.9201	0.9322
December	0.9218	0.8259	0.8642