YEARLY HIGH
718.4033 TZS
YEARLY LOW
547.2322 TZS
YEARLY AVERAGE
657.0910 TZS

2024 PLN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 718.4033. Conversely, the yearly low was recorded on January 1, dropping to 547.2322.

This high-to-low spread represents a total annual volatility of 171.1711 TZS. From a start-to-finish perspective, comparing the January average rate of 627.4521 to the December average rate of 605.1418, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 718.4033 was up 11.18% compared to the 2023 peak of 646.1422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 14,368,066 TZS
2023 Average 11,561,617 TZS
Yearly Trough Low 10,944,643 TZS
Transaction Impact: A difference of 3,423,422.84 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

718.2628
594.8580
JanuMarcMayJulySeptNove

PLN 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 642.9300, compared to 671.2520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.3220 points.

H1 Avg (Jan–Jun) 642.9300
H2 Avg (Jul–Dec) 671.2520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 89.1228 TZS (High: 636.3549 / Low: 547.2322). On the other end, February was the most stable month, with a tight range of 14.9789 TZS (High: 641.8243 / Low: 626.8454).

January Spread (Volatile) ±89.1228
February Spread (Stable) ±14.9789

Growth Streaks & Declines

Trends

Between 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 49.0629 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -49.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 707.9791) against the same month in 2023 (average: 581.5685), the exchange rate shifted by +126.4106 (+21.74%).

2024 Avg (September) 707.9791
2023 Avg (September) 581.5685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 636.3549 547.2322 627.4521
February 641.8243 626.8454 634.1465
March 653.7432 636.0039 644.3162
April 656.1462 629.8943 643.5747
May 664.4916 641.6492 655.1173
June 665.4483 636.4603 652.9732
July 686.0374 657.8076 677.4263
August 712.5322 676.6390 695.0982
September 718.4033 698.1361 707.9791
October 702.1131 676.7754 687.6623
November 676.4008 638.8239 654.2046
December 650.3776 572.7842 605.1418