YEARLY HIGH
13.0808 TZS
YEARLY LOW
11.2482 TZS
YEARLY AVERAGE
12.4965 TZS

2024 GYD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 13.0808. Conversely, the yearly low was recorded on December 16, dropping to 11.2482.

This high-to-low spread represents a total annual volatility of 1.8326 TZS. From a start-to-finish perspective, comparing the January average rate of 12.0438 to the December average rate of 11.7957, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.0808 was up 8.33% compared to the 2023 peak of 12.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,404 TZS
2023 Average 57,635 TZS
Yearly Trough Low 56,241 TZS
Transaction Impact: A difference of 9,162.91 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.1489
11.6727
JanuMarcMayJulySeptNove

GYD 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 12.2768, compared to 12.7163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4395 points.

H1 Avg (Jan–Jun) 12.2768
H2 Avg (Jul–Dec) 12.7163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.3749 TZS (High: 12.6230 / Low: 11.2482). On the other end, September was the most stable month, with a tight range of 0.1028 TZS (High: 13.0797 / Low: 12.9769).

December Spread (Volatile) ±1.3749
September Spread (Stable) ±0.1028

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 0.9502 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.9502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.9400) against the same month in 2023 (average: 11.9182), the exchange rate shifted by +1.0218 (+8.57%).

2024 Avg (August) 12.9400
2023 Avg (August) 11.9182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1844 12.0039 12.0438
February 12.1990 12.0596 12.1391
March 12.3242 11.9486 12.1966
April 12.4183 12.2890 12.3445
May 12.4560 12.3395 12.4043
June 12.8000 12.4366 12.5322
July 12.9169 12.6421 12.7761
August 13.0808 12.8479 12.9400
September 13.0797 12.9769 13.0259
October 13.0542 12.9480 13.0142
November 13.0256 12.6183 12.7459
December 12.6230 11.2482 11.7957