2024 CVE to TZS Historical Review

YEARLY HIGH

27.6823 TZS

YEARLY LOW

22.3824 TZS

YEARLY AVERAGE

25.6441 TZS

2024 CVE to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 27.6823. Conversely, the yearly low was recorded on December 21, dropping to 22.3824.

This high-to-low spread represents a total annual volatility of 5.2999 TZS. From a start-to-finish perspective, comparing the January average rate of 24.9213 to the December average rate of 23.4437, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.6823 was up 9.48% compared to the 2023 peak of 25.2846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138,412 TZS

2023 Average 118,646 TZS

Yearly Trough Low 111,912 TZS

Transaction Impact: A difference of 26,499.46 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.8226

23.0456

JanuMarcMayJulySeptNove

CVE 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 25.1698, compared to 26.1185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9487 points.

H1 Avg (Jan–Jun) 25.1698

H2 Avg (Jul–Dec) 26.1185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.8797 TZS (High: 25.2621 / Low: 22.3824). On the other end, March was the most stable month, with a tight range of 0.4059 TZS (High: 25.3350 / Low: 24.9291).

December Spread (Volatile) ±2.8797

March Spread (Stable) ±0.4059

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.2646 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.2646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 27.4246) against the same month in 2023 (average: 24.2610), the exchange rate shifted by +3.1636 (+13.04%).

2024 Avg (September) 27.4246

2023 Avg (September) 24.2610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.2563	24.6932	24.9213
February	25.0665	24.6029	24.8427
March	25.3350	24.9291	25.1425
April	25.3776	24.8839	25.1465
May	25.6501	24.9713	25.4006
June	26.0098	25.2239	25.5653
July	26.5850	25.6674	26.2754
August	27.5604	26.3286	26.9649
September	27.6823	27.1782	27.4246
October	27.3608	26.6493	26.8942
November	26.8870	25.1082	25.7083
December	25.2621	22.3824	23.4437