2024 FJD to TZS Historical Review

YEARLY HIGH

1251.7936 TZS

YEARLY LOW

1013.3153 TZS

YEARLY AVERAGE

1162.6955 TZS

2024 FJD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1251.7936. Conversely, the yearly low was recorded on December 17, dropping to 1013.3153.

This high-to-low spread represents a total annual volatility of 238.4784 TZS. From a start-to-finish perspective, comparing the January average rate of 1128.5694 to the December average rate of 1069.5247, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1251.7936 was up 8.95% compared to the 2023 peak of 1148.9219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,258,968 TZS

2023 Average 5,430,375 TZS

Yearly Trough Low 5,066,576 TZS

Transaction Impact: A difference of 1,192,391.89 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1250.9832

1053.0285

JanuMarcMayJulySeptNove

FJD 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 1141.4195, compared to 1183.9716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.5521 points.

H1 Avg (Jan–Jun) 1141.4195

H2 Avg (Jul–Dec) 1183.9716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 150.9763 TZS (High: 1164.2916 / Low: 1013.3153). On the other end, April was the most stable month, with a tight range of 21.3365 TZS (High: 1151.3293 / Low: 1129.9928).

December Spread (Volatile) ±150.9763

April Spread (Stable) ±21.3365

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 107.1571 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -107.1571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1234.4870) against the same month in 2023 (average: 1103.2358), the exchange rate shifted by +131.2512 (+11.90%).

2024 Avg (September) 1234.4870

2023 Avg (September) 1103.2358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1148.6777	1109.5954	1128.5694
February	1140.8375	1119.3570	1129.6187
March	1147.3767	1119.2353	1134.0127
April	1151.3293	1129.9928	1139.7691
May	1166.8803	1138.1313	1150.2114
June	1195.3647	1151.5953	1166.3356
July	1204.8501	1166.6765	1190.8253
August	1234.8476	1186.7595	1212.6736
September	1251.7936	1213.2125	1234.4870
October	1241.7407	1194.0299	1219.6372
November	1207.6759	1154.1152	1176.6819
December	1164.2916	1013.3153	1069.5247