2024 RSD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RSD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RSD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 26.1260. Conversely, the yearly low was recorded on December 18, dropping to 20.8961.
This high-to-low spread represents a total annual volatility of 5.2299 TZS. From a start-to-finish perspective, comparing the January average rate of 23.4569 to the December average rate of 22.0910, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 26.1260 was up 9.64% compared to the 2023 peak of 23.8283, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RSD 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 23.7061, compared to 24.6354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9293 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 2.9536 TZS (High: 23.8497 / Low: 20.8961). On the other end, March was the most stable month, with a tight range of 0.3475 TZS (High: 23.8876 / Low: 23.5402).
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 2.1362 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 25.8705) against the same month in 2023 (average: 22.8077), the exchange rate shifted by +3.0628 (+13.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7677 | 23.2382 | 23.4569 |
| February | 23.6084 | 23.2173 | 23.4012 |
| March | 23.8876 | 23.5402 | 23.6830 |
| April | 23.8894 | 23.3870 | 23.6472 |
| May | 24.1330 | 23.7349 | 23.9495 |
| June | 24.5001 | 23.8206 | 24.0989 |
| July | 25.0405 | 24.2613 | 24.7746 |
| August | 25.9908 | 24.8707 | 25.4831 |
| September | 26.1260 | 25.5904 | 25.8705 |
| October | 25.7237 | 25.1154 | 25.3663 |
| November | 25.1745 | 23.6783 | 24.2271 |
| December | 23.8497 | 20.8961 | 22.0910 |