2024 PHP to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PHP to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PHP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 49.0430. Conversely, the yearly low was recorded on December 18, dropping to 39.7351.
This high-to-low spread represents a total annual volatility of 9.3078 TZS. From a start-to-finish perspective, comparing the January average rate of 45.0400 to the December average rate of 42.2288, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 49.0430 was up 7.74% compared to the 2023 peak of 45.5204, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PHP 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 45.1550, compared to 46.1474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9923 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 5.6014 TZS (High: 45.3366 / Low: 39.7351). On the other end, February was the most stable month, with a tight range of 0.6492 TZS (High: 45.6150 / Low: 44.9658).
Growth Streaks & Declines
TrendsBetween June and September, 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 3.2072 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 48.6404) against the same month in 2023 (average: 44.1156), the exchange rate shifted by +4.5249 (+10.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.5123 | 44.5882 | 45.0400 |
| February | 45.6150 | 44.9658 | 45.3527 |
| March | 46.1769 | 45.1078 | 45.6702 |
| April | 45.8199 | 44.7394 | 45.2882 |
| May | 45.3612 | 44.4589 | 44.9139 |
| June | 45.7423 | 44.3038 | 44.6652 |
| July | 46.2184 | 44.9906 | 45.6963 |
| August | 48.3628 | 46.2656 | 47.4811 |
| September | 49.0430 | 47.9076 | 48.6404 |
| October | 48.4315 | 46.5112 | 47.4016 |
| November | 46.2884 | 44.7938 | 45.4360 |
| December | 45.3366 | 39.7351 | 42.2288 |