2024 ILS to TZS Historical Review

YEARLY HIGH

749.7254 TZS

YEARLY LOW

647.3006 TZS

YEARLY AVERAGE

706.4383 TZS

2024 ILS to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 749.7254. Conversely, the yearly low was recorded on December 21, dropping to 647.3006.

This high-to-low spread represents a total annual volatility of 102.4248 TZS. From a start-to-finish perspective, comparing the January average rate of 679.7534 to the December average rate of 680.9063, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 749.7254 was up 7.05% compared to the 2023 peak of 700.3419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,748,627 TZS

2023 Average 3,287,354 TZS

Yearly Trough Low 3,236,503 TZS

Transaction Impact: A difference of 512,124.17 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

735.7741

674.6606

JanuMarcMayJulySeptNove

ILS 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 695.1025, compared to 717.7742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.6717 points.

H1 Avg (Jan–Jun) 695.1025

H2 Avg (Jul–Dec) 717.7742

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 83.2583 TZS (High: 730.5589 / Low: 647.3006). On the other end, June was the most stable month, with a tight range of 15.8378 TZS (High: 710.7824 / Low: 694.9446).

December Spread (Volatile) ±83.2583

June Spread (Stable) ±15.8378

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 35.9978 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -35.9978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 727.0038) against the same month in 2023 (average: 666.2474), the exchange rate shifted by +60.7564 (+9.12%).

2024 Avg (August) 727.0038

2023 Avg (August) 666.2474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	699.8529	665.1274	679.7534
February	714.0646	683.1983	697.2826
March	714.7856	692.9994	702.9091
April	699.3633	677.0697	687.2767
May	709.9932	692.9276	701.0201
June	710.7824	694.9446	702.3731
July	740.6386	701.3605	727.6611
August	749.7254	704.7592	727.0038
September	749.1458	720.1225	730.6813
October	734.8360	712.8155	723.4884
November	728.9958	708.5351	716.9041
December	730.5589	647.3006	680.9063