2024 HKD to TZS Historical Review

YEARLY HIGH

351.8035 TZS

YEARLY LOW

302.4944 TZS

YEARLY AVERAGE

335.0848 TZS

2024 HKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 351.8035. Conversely, the yearly low was recorded on December 16, dropping to 302.4944.

This high-to-low spread represents a total annual volatility of 49.3091 TZS. From a start-to-finish perspective, comparing the January average rate of 322.4527 to the December average rate of 317.3138, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 351.8035 was up 8.95% compared to the 2023 peak of 322.8950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 8,795,088 TZS

2023 Average 7,734,030 TZS

Yearly Trough Low 7,562,361 TZS

Transaction Impact: A difference of 1,232,727.32 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

353.9457

313.9837

JanuMarcMayJulySeptNove

HKD 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 328.5696, compared to 341.5999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0303 points.

H1 Avg (Jan–Jun) 328.5696

H2 Avg (Jul–Dec) 341.5999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 36.7006 TZS (High: 339.1950 / Low: 302.4944). On the other end, May was the most stable month, with a tight range of 2.6446 TZS (High: 333.4809 / Low: 330.8363).

December Spread (Volatile) ±36.7006

May Spread (Stable) ±2.6446

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 25.4626 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -25.4626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 349.8254) against the same month in 2023 (average: 319.9702), the exchange rate shifted by +29.8552 (+9.33%).

2024 Avg (September) 349.8254

2023 Avg (September) 319.9702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	326.3313	321.0940	322.4527
February	326.0437	322.2957	324.8336
March	329.6430	324.6264	326.3572
April	331.6237	328.3907	329.8627
May	333.4809	330.8363	332.2069
June	342.6240	332.7042	335.7047
July	346.0235	338.5618	342.1492
August	348.7911	343.4457	346.9191
September	351.8035	347.3996	349.8254
October	351.2582	348.6001	350.6155
November	350.4305	338.6238	342.7764
December	339.1950	302.4944	317.3138