2024 ISK to TZS Historical Review

YEARLY HIGH

20.2986 TZS

YEARLY LOW

16.8931 TZS

YEARLY AVERAGE

18.9539 TZS

2024 ISK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 20.2986. Conversely, the yearly low was recorded on December 18, dropping to 16.8931.

This high-to-low spread represents a total annual volatility of 3.4055 TZS. From a start-to-finish perspective, comparing the January average rate of 18.4106 to the December average rate of 17.7890, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.2986 was up 5.60% compared to the 2023 peak of 19.2214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,493 TZS

2023 Average 87,928 TZS

Yearly Trough Low 84,466 TZS

Transaction Impact: A difference of 17,027.34 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.1226

17.5769

JanuMarcMayJulySeptNove

ISK 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 18.5805, compared to 19.3273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7469 points.

H1 Avg (Jan–Jun) 18.5805

H2 Avg (Jul–Dec) 19.3273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.2732 TZS (High: 19.1664 / Low: 16.8931). On the other end, February was the most stable month, with a tight range of 0.2754 TZS (High: 18.5720 / Low: 18.2967).

December Spread (Volatile) ±2.2732

February Spread (Stable) ±0.2754

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5289 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.5289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 19.9071) against the same month in 2023 (average: 18.5165), the exchange rate shifted by +1.3907 (+7.51%).

2024 Avg (September) 19.9071

2023 Avg (September) 18.5165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6581	18.2413	18.4106
February	18.5720	18.2967	18.4465
March	18.9279	18.3993	18.6101
April	18.6051	18.1818	18.4171
May	18.9588	18.4955	18.6959
June	19.3147	18.6578	18.9026
July	19.5570	19.0454	19.4035
August	19.9251	19.4201	19.6360
September	20.2986	19.5470	19.9071
October	20.1539	19.7050	19.9104
November	19.7861	19.0029	19.3179
December	19.1664	16.8931	17.7890