2024 EGP to TZS Historical Review

YEARLY HIGH

82.6058 TZS

YEARLY LOW

46.2963 TZS

YEARLY AVERAGE

59.3077 TZS

2024 EGP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 82.6058. Conversely, the yearly low was recorded on December 16, dropping to 46.2963.

This high-to-low spread represents a total annual volatility of 36.3095 TZS. From a start-to-finish perspective, comparing the January average rate of 81.5966 to the December average rate of 48.8022, the exchange rate registered a net change of -40.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 82.6058 was down 12.45% compared to the 2023 peak of 94.3564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 413,029 TZS

2023 Average 395,272 TZS

Yearly Trough Low 231,482 TZS

Transaction Impact: A difference of 181,547.42 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

85.5400

45.4624

JanuMarcMayJulySeptNove

EGP 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 64.2936, compared to 54.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.9718 points.

H1 Avg (Jan–Jun) 64.2936

H2 Avg (Jul–Dec) 54.3219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 31.1310 TZS (High: 82.5797 / Low: 51.4488). On the other end, September was the most stable month, with a tight range of 0.7193 TZS (High: 56.5822 / Low: 55.8629).

March Spread (Volatile) ±31.1310

September Spread (Stable) ±0.7193

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 24.1147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -24.1147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 82.2002) against the same month in 2023 (average: 76.6524), the exchange rate shifted by +5.5478 (+7.24%).

2024 Avg (February) 82.2002

2023 Avg (February) 76.6524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	82.5214	81.1789	81.5966
February	82.6058	81.5671	82.2002
March	82.5797	51.4488	58.0855
April	54.7323	53.1456	54.0343
May	55.7520	53.9729	54.8860
June	55.8472	54.3138	54.9592
July	55.8808	54.7669	55.4663
August	55.9425	54.7143	55.3149
September	56.5822	55.8629	56.2586
October	56.4265	55.3622	56.0720
November	55.3424	53.1549	54.0171
December	53.0880	46.2963	48.8022