YEARLY HIGH
15.3905 TZS
YEARLY LOW
13.2246 TZS
YEARLY AVERAGE
14.7038 TZS

2024 DJF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.3905. Conversely, the yearly low was recorded on December 16, dropping to 13.2246.

This high-to-low spread represents a total annual volatility of 2.1659 TZS. From a start-to-finish perspective, comparing the January average rate of 14.1670 to the December average rate of 13.8690, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.3905 was up 8.47% compared to the 2023 peak of 14.1891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,952 TZS
2023 Average 68,094 TZS
Yearly Trough Low 66,123 TZS
Transaction Impact: A difference of 10,829.40 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.4639
13.7240
JanuMarcMayJulySeptNove

DJF 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 14.4480, compared to 14.9596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5116 points.

H1 Avg (Jan–Jun) 14.4480
H2 Avg (Jul–Dec) 14.9596

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.6237 TZS (High: 14.8483 / Low: 13.2246). On the other end, April was the most stable month, with a tight range of 0.1215 TZS (High: 14.6064 / Low: 14.4848).

December Spread (Volatile) ±1.6237
April Spread (Stable) ±0.1215

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1260 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.1260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 15.3189) against the same month in 2023 (average: 14.0742), the exchange rate shifted by +1.2447 (+8.84%).

2024 Avg (September) 15.3189
2023 Avg (September) 14.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3446 14.0835 14.1670
February 14.3484 14.1648 14.2786
March 14.5056 14.2932 14.3639
April 14.6064 14.4848 14.5277
May 14.7115 14.5446 14.6043
June 15.0407 14.6309 14.7463
July 15.2078 14.8828 15.0268
August 15.3539 15.1549 15.2302
September 15.3905 15.2485 15.3189
October 15.3672 15.2345 15.3177
November 15.3295 14.8254 14.9950
December 14.8483 13.2246 13.8690