2024 RON to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 614.7758. Conversely, the yearly low was recorded on December 18, dropping to 491.3673.
This high-to-low spread represents a total annual volatility of 123.4086 TZS. From a start-to-finish perspective, comparing the January average rate of 552.7087 to the December average rate of 519.3658, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 614.7758 was up 9.54% compared to the 2023 peak of 561.2184, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON 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 558.2945, compared to 579.3617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.0672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 68.2617 TZS (High: 559.6290 / Low: 491.3673). On the other end, May was the most stable month, with a tight range of 9.5294 TZS (High: 568.1803 / Low: 558.6509).
Growth Streaks & Declines
TrendsBetween 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 49.9926 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 608.6308) against the same month in 2023 (average: 538.6287), the exchange rate shifted by +70.0021 (+13.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 559.6897 | 547.2896 | 552.7087 |
| February | 556.5131 | 546.7144 | 551.2658 |
| March | 563.4223 | 553.0197 | 558.2257 |
| April | 563.1964 | 550.5305 | 556.7783 |
| May | 568.1803 | 558.6509 | 563.8808 |
| June | 577.0815 | 559.8539 | 566.9077 |
| July | 589.5767 | 570.6277 | 583.1422 |
| August | 610.6475 | 585.1216 | 599.0740 |
| September | 614.7758 | 602.0253 | 608.6308 |
| October | 605.1287 | 591.3559 | 596.5990 |
| November | 592.1928 | 556.4536 | 569.3585 |
| December | 559.6290 | 491.3673 | 519.3658 |