2024 JOD to TZS Historical Review

YEARLY HIGH

3861.8019 TZS

YEARLY LOW

3315.0622 TZS

YEARLY AVERAGE

3688.0774 TZS

2024 JOD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 3861.8019. Conversely, the yearly low was recorded on December 16, dropping to 3315.0622.

This high-to-low spread represents a total annual volatility of 546.7397 TZS. From a start-to-finish perspective, comparing the January average rate of 3552.8292 to the December average rate of 3478.0392, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3861.8019 was up 8.66% compared to the 2023 peak of 3553.8699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,309,009 TZS

2023 Average 17,074,493 TZS

Yearly Trough Low 16,575,311 TZS

Transaction Impact: A difference of 2,733,698.54 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3882.7956

3441.2431

JanuMarcMayJulySeptNove

JOD 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 3623.6623, compared to 3752.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 128.8302 points.

H1 Avg (Jan–Jun) 3623.6623

H2 Avg (Jul–Dec) 3752.4925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 407.2093 TZS (High: 3722.2715 / Low: 3315.0622). On the other end, October was the most stable month, with a tight range of 29.2910 TZS (High: 3850.4980 / Low: 3821.2070).

December Spread (Volatile) ±407.2093

October Spread (Stable) ±29.2910

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 282.4991 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -282.4991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3845.9995) against the same month in 2023 (average: 3535.4812), the exchange rate shifted by +310.5183 (+8.78%).

2024 Avg (September) 3845.9995

2023 Avg (September) 3535.4812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3595.0039	3538.0666	3552.8292
February	3597.4657	3553.9100	3583.0741
March	3639.4414	3581.3546	3601.6627
April	3663.5600	3628.0965	3644.4091
May	3678.9728	3641.4582	3660.7957
June	3775.1733	3670.0455	3699.2029
July	3814.5440	3731.7024	3770.3261
August	3837.9077	3782.5258	3816.6627
September	3861.8019	3821.4196	3845.9995
October	3850.4980	3821.2070	3843.3893
November	3842.3576	3714.9554	3760.5383
December	3722.2715	3315.0622	3478.0392