2024 NAD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NAD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NAD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 159.1427. Conversely, the yearly low was recorded on December 31, dropping to 128.5675.
This high-to-low spread represents a total annual volatility of 30.5752 TZS. From a start-to-finish perspective, comparing the January average rate of 134.1784 to the December average rate of 135.4022, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 159.1427 was up 14.28% compared to the 2023 peak of 139.2513, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NAD to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 137.2958, compared to 148.4135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.1178 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 17.8258 TZS (High: 146.3934 / Low: 128.5675). On the other end, October was the most stable month, with a tight range of 3.8430 TZS (High: 157.3808 / Low: 153.5379).
Growth Streaks & Declines
TrendsBetween February and October, 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 13.3753 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 154.7398) against the same month in 2023 (average: 132.0529), the exchange rate shifted by +22.6869 (+17.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 136.1379 | 131.2239 | 134.1784 |
| February | 136.7867 | 131.9601 | 133.9156 |
| March | 137.5988 | 133.1313 | 135.4312 |
| April | 139.3889 | 134.6124 | 136.7737 |
| May | 143.4494 | 139.5559 | 141.1516 |
| June | 147.2382 | 138.2111 | 142.3240 |
| July | 148.8787 | 143.2900 | 146.5337 |
| August | 154.0280 | 145.8671 | 150.0250 |
| September | 159.1427 | 151.3152 | 154.7398 |
| October | 157.3808 | 153.5379 | 155.0028 |
| November | 154.5939 | 145.4449 | 148.7776 |
| December | 146.3934 | 128.5675 | 135.4022 |