2024 PEN to TZS Historical Review

YEARLY HIGH

734.5460 TZS

YEARLY LOW

630.1877 TZS

YEARLY AVERAGE

696.6941 TZS

2024 PEN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 734.5460. Conversely, the yearly low was recorded on December 17, dropping to 630.1877.

This high-to-low spread represents a total annual volatility of 104.3583 TZS. From a start-to-finish perspective, comparing the January average rate of 675.5318 to the December average rate of 661.0101, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 734.5460 was up 6.99% compared to the 2023 peak of 686.5490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,672,730 TZS

2023 Average 3,239,758 TZS

Yearly Trough Low 3,150,939 TZS

Transaction Impact: A difference of 521,791.55 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

732.8192

654.4820

JanuMarcMayJulySeptNove

PEN 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 685.0527, compared to 708.3355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.2828 points.

H1 Avg (Jan–Jun) 685.0527

H2 Avg (Jul–Dec) 708.3355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 75.4327 TZS (High: 705.6204 / Low: 630.1877). On the other end, August was the most stable month, with a tight range of 8.1877 TZS (High: 729.3456 / Low: 721.1579).

December Spread (Volatile) ±75.4327

August Spread (Stable) ±8.1877

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 44.3541 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -44.3541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 723.1051) against the same month in 2023 (average: 672.8340), the exchange rate shifted by +50.2710 (+7.47%).

2024 Avg (September) 723.1051

2023 Avg (September) 672.8340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	681.5526	661.9775	675.5318
February	673.3697	653.4551	663.6425
March	695.5747	673.4826	687.3470
April	702.7489	685.6906	695.2338
May	701.7689	688.3238	695.4592
June	700.8435	684.8899	693.1023
July	723.8297	688.0892	710.0271
August	729.3456	721.1579	724.2158
September	734.5460	713.2430	723.1051
October	734.2258	719.3863	726.2911
November	721.3311	697.9499	705.3642
December	705.6204	630.1877	661.0101