2024 NZD to TZS Historical Review

YEARLY HIGH

1735.0598 TZS

YEARLY LOW

1326.3750 TZS

YEARLY AVERAGE

1582.3503 TZS

2024 NZD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1735.0598. Conversely, the yearly low was recorded on December 18, dropping to 1326.3750.

This high-to-low spread represents a total annual volatility of 408.6847 TZS. From a start-to-finish perspective, comparing the January average rate of 1556.2145 to the December average rate of 1416.2978, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1735.0598 was up 8.75% compared to the 2023 peak of 1595.4471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,675,299 TZS

2023 Average 7,433,555 TZS

Yearly Trough Low 6,631,875 TZS

Transaction Impact: A difference of 2,043,423.68 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1725.1460

1388.2206

JanuMarcMayJulySeptNove

NZD 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 1564.2926, compared to 1600.4079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1154 points.

H1 Avg (Jan–Jun) 1564.2926

H2 Avg (Jul–Dec) 1600.4079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 230.5344 TZS (High: 1556.9095 / Low: 1326.3750). On the other end, June was the most stable month, with a tight range of 33.5462 TZS (High: 1631.6430 / Low: 1598.0968).

December Spread (Volatile) ±230.5344

June Spread (Stable) ±33.5462

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 159.2795 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -159.2795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1697.0689) against the same month in 2023 (average: 1485.2632), the exchange rate shifted by +211.8056 (+14.26%).

2024 Avg (September) 1697.0689

2023 Avg (September) 1485.2632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1592.0120	1528.0671	1556.2145
February	1580.7444	1531.1996	1557.0144
March	1576.0578	1523.2050	1551.1828
April	1562.9704	1521.1190	1537.8645
May	1601.6776	1545.3584	1575.2193
June	1631.6430	1598.0968	1608.2600
July	1637.8149	1584.4198	1611.9310
August	1702.7323	1594.1043	1646.3358
September	1735.0598	1667.7198	1697.0689
October	1709.2630	1618.0921	1655.2370
November	1620.9964	1534.8363	1575.5773
December	1556.9095	1326.3750	1416.2978