YEARLY HIGH
3.0362 TZS
YEARLY LOW
2.3749 TZS
YEARLY AVERAGE
2.7726 TZS

2024 CLP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 3.0362. Conversely, the yearly low was recorded on December 18, dropping to 2.3749.

This high-to-low spread represents a total annual volatility of 0.6613 TZS. From a start-to-finish perspective, comparing the January average rate of 2.7737 to the December average rate of 2.5086, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0362 was down 0.26% compared to the 2023 peak of 3.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 3,036,201 TZS
2023 Average 2,885,896 TZS
Yearly Trough Low 2,374,911 TZS
Transaction Impact: A difference of 661,290.36 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9866
2.4651
JanuMarcMayJulySeptNove

CLP 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 2.7336, compared to 2.8116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0781 points.

H1 Avg (Jan–Jun) 2.7336
H2 Avg (Jul–Dec) 2.8116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3342 TZS (High: 2.7091 / Low: 2.3749). On the other end, February was the most stable month, with a tight range of 0.1216 TZS (High: 2.6969 / Low: 2.5753).

December Spread (Volatile) ±0.3342
February Spread (Stable) ±0.1216

Growth Streaks & Declines

Trends

Between February and May, 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 0.2342 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.9432) against the same month in 2023 (average: 2.8282), the exchange rate shifted by +0.1149 (+4.06%).

2024 Avg (September) 2.9432
2023 Avg (September) 2.8282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8563 2.7094 2.7737
February 2.6969 2.5753 2.6302
March 2.7156 2.5753 2.6406
April 2.7480 2.6099 2.7014
May 2.9294 2.7136 2.8318
June 2.8879 2.7528 2.8239
July 2.9537 2.7910 2.8589
August 2.9907 2.8236 2.9117
September 3.0362 2.8707 2.9432
October 3.0095 2.8184 2.9047
November 2.8340 2.6942 2.7428
December 2.7091 2.3749 2.5086