2024 GHS to TZS Historical Review

YEARLY HIGH

211.3059 TZS

YEARLY LOW

160.0901 TZS

YEARLY AVERAGE

181.9333 TZS

2024 GHS to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 211.3059. Conversely, the yearly low was recorded on December 16, dropping to 160.0901.

This high-to-low spread represents a total annual volatility of 51.2158 TZS. From a start-to-finish perspective, comparing the January average rate of 209.2623 to the December average rate of 166.8152, the exchange rate registered a net change of -20.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 211.3059 was down 24.41% compared to the 2023 peak of 279.5298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,056,529 TZS

2023 Average 1,038,604 TZS

Yearly Trough Low 800,450 TZS

Transaction Impact: A difference of 256,078.92 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

213.5562

162.0298

JanuMarcMayJulySeptNove

GHS 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 193.2975, compared to 170.5690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.7285 points.

H1 Avg (Jan–Jun) 193.2975

H2 Avg (Jul–Dec) 170.5690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 16.3830 TZS (High: 176.4731 / Low: 160.0901). On the other end, September was the most stable month, with a tight range of 1.2472 TZS (High: 174.2264 / Low: 172.9792).

December Spread (Volatile) ±16.3830

September Spread (Stable) ±1.2472

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 9.4418 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.4418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 209.2623) against the same month in 2023 (average: 205.8407), the exchange rate shifted by +3.4216 (+1.66%).

2024 Avg (January) 209.2623

2023 Avg (January) 205.8407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	211.3059	204.3333	209.2623
February	206.0606	201.5882	203.9006
March	201.3689	193.5849	197.3992
April	194.4146	189.4389	192.1828
May	190.3179	175.9413	182.7410
June	176.6171	172.2767	174.2993
July	174.2079	171.8553	173.1995
August	174.5916	171.7895	173.3750
September	174.2264	172.9792	173.5774
October	172.2960	166.7437	170.1236
November	171.9815	162.1386	166.3236
December	176.4731	160.0901	166.8152