YEARLY HIGH
14.7778 TZS
YEARLY LOW
13.0014 TZS
YEARLY AVERAGE
13.6625 TZS

2024 LRD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 14.7778. Conversely, the yearly low was recorded on December 16, dropping to 13.0014.

This high-to-low spread represents a total annual volatility of 1.7764 TZS. From a start-to-finish perspective, comparing the January average rate of 13.3261 to the December average rate of 13.6634, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.7778 was down 3.56% compared to the 2023 peak of 15.3236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,889 TZS
2023 Average 69,540 TZS
Yearly Trough Low 65,007 TZS
Transaction Impact: A difference of 8,881.96 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.5352
13.1526
JanuMarcMayJulySeptNove

LRD 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 13.3753, compared to 13.9497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5744 points.

H1 Avg (Jan–Jun) 13.3753
H2 Avg (Jul–Dec) 13.9497

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.7360 TZS (High: 14.7374 / Low: 13.0014). On the other end, May was the most stable month, with a tight range of 0.1406 TZS (High: 13.4813 / Low: 13.3407).

December Spread (Volatile) ±1.7360
May Spread (Stable) ±0.1406

Growth Streaks & Declines

Trends

Between March and November, 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 0.7566 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.7566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 14.4200) against the same month in 2023 (average: 13.3271), the exchange rate shifted by +1.0929 (+8.20%).

2024 Avg (November) 14.4200
2023 Avg (November) 13.3271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4349 13.2654 13.3261
February 13.4041 13.2517 13.3391
March 13.3852 13.1853 13.2678
April 13.7766 13.3332 13.4025
May 13.4813 13.3407 13.4064
June 13.7658 13.4178 13.5098
July 13.8280 13.5991 13.7090
August 13.9674 13.5890 13.8322
September 14.1056 13.6270 13.9369
October 14.1975 14.0437 14.1370
November 14.7778 14.0247 14.4200
December 14.7374 13.0014 13.6634