2024 KWD to TZS Historical Review

YEARLY HIGH

8966.5465 TZS

YEARLY LOW

7642.6518 TZS

YEARLY AVERAGE

8521.0529 TZS

2024 KWD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 8966.5465. Conversely, the yearly low was recorded on December 16, dropping to 7642.6518.

This high-to-low spread represents a total annual volatility of 1323.8947 TZS. From a start-to-finish perspective, comparing the January average rate of 8194.8554 to the December average rate of 8016.3890, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8966.5465 was up 9.22% compared to the 2023 peak of 8209.5797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,832,733 TZS

2023 Average 39,401,023 TZS

Yearly Trough Low 38,213,259 TZS

Transaction Impact: A difference of 6,619,473.50 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9021.0766

7925.0538

JanuMarcMayJulySeptNove

KWD 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 8357.3894, compared to 8684.7164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 327.3270 points.

H1 Avg (Jan–Jun) 8357.3894

H2 Avg (Jul–Dec) 8684.7164

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 943.1447 TZS (High: 8585.7965 / Low: 7642.6518). On the other end, October was the most stable month, with a tight range of 71.7871 TZS (High: 8912.0491 / Low: 8840.2620).

December Spread (Volatile) ±943.1447

October Spread (Stable) ±71.7871

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 665.5759 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -665.5759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 8929.7414) against the same month in 2023 (average: 8115.1638), the exchange rate shifted by +814.5776 (+10.04%).

2024 Avg (September) 8929.7414

2023 Avg (September) 8115.1638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8288.7559	8170.1204	8194.8554
February	8294.7386	8193.5152	8254.3754
March	8385.3627	8262.7816	8305.1706
April	8424.0118	8340.8980	8389.8176
May	8491.7998	8410.0595	8447.7068
June	8726.0982	8488.4576	8552.4106
July	8845.2001	8629.5086	8736.9281
August	8910.5714	8800.2569	8852.4733
September	8966.5465	8869.7624	8929.7414
October	8912.0491	8840.2620	8890.8019
November	8879.9818	8574.4898	8681.9649
December	8585.7965	7642.6518	8016.3890