2024 HRK to TZS Historical Review

YEARLY HIGH

405.9595 TZS

YEARLY LOW

324.4470 TZS

YEARLY AVERAGE

375.5502 TZS

2024 HRK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 405.9595. Conversely, the yearly low was recorded on December 18, dropping to 324.4470.

This high-to-low spread represents a total annual volatility of 81.5125 TZS. From a start-to-finish perspective, comparing the January average rate of 364.8794 to the December average rate of 342.8881, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 405.9595 was up 9.56% compared to the 2023 peak of 370.5463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,029,798 TZS

2023 Average 1,738,515 TZS

Yearly Trough Low 1,622,235 TZS

Transaction Impact: A difference of 407,562.64 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

407.7286

336.9935

JanuMarcMayJulySeptNove

HRK 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 368.5631, compared to 382.5373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.9742 points.

H1 Avg (Jan–Jun) 368.5631

H2 Avg (Jul–Dec) 382.5373

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 45.6269 TZS (High: 370.0739 / Low: 324.4470). On the other end, February was the most stable month, with a tight range of 6.1210 TZS (High: 367.1970 / Low: 361.0761).

December Spread (Volatile) ±45.6269

February Spread (Stable) ±6.1210

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 33.1375 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -33.1375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 401.8340) against the same month in 2023 (average: 354.9579), the exchange rate shifted by +46.8761 (+13.21%).

2024 Avg (September) 401.8340

2023 Avg (September) 354.9579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	369.3354	361.4965	364.8794
February	367.1970	361.0761	363.9541
March	371.6315	364.7758	368.2424
April	371.3821	363.5257	367.5151
May	375.1934	368.9676	372.3515
June	381.2196	370.0415	374.4362
July	389.0101	376.9158	384.8475
August	403.3222	386.4076	395.6987
September	405.9595	397.4472	401.8340
October	399.6306	390.4180	393.9301
November	390.8828	366.8017	376.0256
December	370.0739	324.4470	342.8881