2024 CNY to TZS Historical Review

YEARLY HIGH

390.4221 TZS

YEARLY LOW

322.8812 TZS

YEARLY AVERAGE

364.3545 TZS

2024 CNY to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 390.4221. Conversely, the yearly low was recorded on December 16, dropping to 322.8812.

This high-to-low spread represents a total annual volatility of 67.5409 TZS. From a start-to-finish perspective, comparing the January average rate of 354.4715 to the December average rate of 338.7899, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 390.4221 was up 9.61% compared to the 2023 peak of 356.2002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 9,760,553 TZS

2023 Average 8,558,670 TZS

Yearly Trough Low 8,072,030 TZS

Transaction Impact: A difference of 1,688,523.15 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

389.9323

334.1406

JanuMarcMayJulySeptNove

CNY 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 357.8407, compared to 370.8683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0277 points.

H1 Avg (Jan–Jun) 357.8407

H2 Avg (Jul–Dec) 370.8683

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 41.1237 TZS (High: 364.0049 / Low: 322.8812). On the other end, March was the most stable month, with a tight range of 5.6521 TZS (High: 358.5947 / Low: 352.9426).

December Spread (Volatile) ±41.1237

March Spread (Stable) ±5.6521

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 31.3345 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -31.3345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 385.2830) against the same month in 2023 (average: 343.5480), the exchange rate shifted by +41.7350 (+12.15%).

2024 Avg (September) 385.2830

2023 Avg (September) 343.5480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	359.2168	349.7516	354.4715
February	358.0786	351.1565	354.9667
March	358.5947	352.9426	354.7807
April	363.6311	355.6658	357.3631
May	366.4288	357.1774	362.1085
June	371.0850	359.0132	363.3536
July	374.2340	363.8817	368.2312
August	383.4607	372.5690	378.5240
September	390.4221	380.7612	385.2830
October	388.0764	380.6394	384.2575
November	379.6375	363.8673	370.1244
December	364.0049	322.8812	338.7899