2024 COP to TZS Historical Review

YEARLY HIGH

0.6851 TZS

YEARLY LOW

0.5358 TZS

YEARLY AVERAGE

0.6433 TZS

2024 COP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.6851. Conversely, the yearly low was recorded on December 18, dropping to 0.5358.

This high-to-low spread represents a total annual volatility of 0.1494 TZS. From a start-to-finish perspective, comparing the January average rate of 0.6431 to the December average rate of 0.5616, the exchange rate registered a net change of -12.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6851 was up 4.66% compared to the 2023 peak of 0.6546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,425,707 TZS

2023 Average 2,821,790 TZS

Yearly Trough Low 2,678,861 TZS

Transaction Impact: A difference of 746,845.79 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6826

0.5506

JanuMarcMayJulySeptNove

COP 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 0.6553, compared to 0.6312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.6553

H2 Avg (Jul–Dec) 0.6312

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0645 TZS (High: 0.6003 / Low: 0.5358). On the other end, February was the most stable month, with a tight range of 0.0130 TZS (High: 0.6523 / Low: 0.6393).

December Spread (Volatile) ±0.0645

February Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0438 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6685) against the same month in 2023 (average: 0.5173), the exchange rate shifted by +0.1512 (+29.23%).

2024 Avg (April) 0.6685

2023 Avg (April) 0.5173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6523	0.6339	0.6431
February	0.6523	0.6393	0.6468
March	0.6674	0.6468	0.6550
April	0.6851	0.6532	0.6685
May	0.6816	0.6635	0.6716
June	0.6772	0.6278	0.6471
July	0.6751	0.6390	0.6617
August	0.6766	0.6508	0.6669
September	0.6608	0.6332	0.6515
October	0.6570	0.6142	0.6400
November	0.6193	0.5916	0.6054
December	0.6003	0.5358	0.5616