2024 ETB to TZS Historical Review

YEARLY HIGH

46.8378 TZS

YEARLY LOW

18.5384 TZS

YEARLY AVERAGE

35.9065 TZS

2024 ETB to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 46.8378. Conversely, the yearly low was recorded on December 16, dropping to 18.5384.

This high-to-low spread represents a total annual volatility of 28.2994 TZS. From a start-to-finish perspective, comparing the January average rate of 44.6698 to the December average rate of 19.4818, the exchange rate registered a net change of -56.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 46.8378 was up 2.72% compared to the 2023 peak of 45.5960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 234,189 TZS

2023 Average 221,151 TZS

Yearly Trough Low 92,692 TZS

Transaction Impact: A difference of 141,497.18 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.6203

16.8329

JanuMarcMayJulySeptNove

ETB 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 45.1333, compared to 26.6797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.4536 points.

H1 Avg (Jan–Jun) 45.1333

H2 Avg (Jul–Dec) 26.6797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 11.0240 TZS (High: 46.8378 / Low: 35.8138). On the other end, May was the most stable month, with a tight range of 0.5232 TZS (High: 45.5901 / Low: 45.0669).

July Spread (Volatile) ±11.0240

May Spread (Stable) ±0.5232

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 19.3538 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -19.3538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 45.9714) against the same month in 2023 (average: 44.5099), the exchange rate shifted by +1.4615 (+3.28%).

2024 Avg (July) 45.9714

2023 Avg (July) 44.5099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.3340	44.4035	44.6698
February	45.1929	44.5763	44.8700
March	45.3830	44.8203	45.0058
April	45.7093	45.1293	45.3951
May	45.5901	45.0669	45.2634
June	46.3865	45.2918	45.5959
July	46.8378	35.8138	45.9714
August	34.2431	24.0671	26.6176
September	24.6261	22.7929	23.6182
October	22.9910	22.2175	22.6329
November	22.5916	20.8875	21.7565
December	21.0718	18.5384	19.4818