2024 DOP to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 45.8031. Conversely, the yearly low was recorded on December 16, dropping to 38.7655.
This high-to-low spread represents a total annual volatility of 7.0377 TZS. From a start-to-finish perspective, comparing the January average rate of 43.0138 to the December average rate of 40.6454, the exchange rate registered a net change of -5.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 45.8031 was up 2.96% compared to the 2023 peak of 44.4849, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DOP to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.6540, compared to 44.3279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6739 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 4.9528 TZS (High: 43.7183 / Low: 38.7655). On the other end, October was the most stable month, with a tight range of 0.3306 TZS (High: 45.3088 / Low: 44.9783).
Growth Streaks & Declines
TrendsBetween June and September, 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 3.5466 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 45.3823) against the same month in 2023 (average: 44.0538), the exchange rate shifted by +1.3285 (+3.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.4211 | 42.6530 | 43.0138 |
| February | 43.5052 | 42.8411 | 43.2848 |
| March | 43.5646 | 43.0160 | 43.2700 |
| April | 44.3232 | 43.3859 | 43.7215 |
| May | 44.7975 | 43.9482 | 44.3810 |
| June | 45.3362 | 43.8368 | 44.2527 |
| July | 45.6149 | 44.7548 | 45.1750 |
| August | 45.8031 | 44.9395 | 45.3823 |
| September | 45.5909 | 45.1800 | 45.4200 |
| October | 45.3088 | 44.9783 | 45.1526 |
| November | 45.2173 | 43.7207 | 44.1920 |
| December | 43.7183 | 38.7655 | 40.6454 |