2024 SBD to TZS Historical Review

YEARLY HIGH

329.8919 TZS

YEARLY LOW

280.5139 TZS

YEARLY AVERAGE

310.4328 TZS

2024 SBD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 329.8919. Conversely, the yearly low was recorded on December 16, dropping to 280.5139.

This high-to-low spread represents a total annual volatility of 49.3780 TZS. From a start-to-finish perspective, comparing the January average rate of 299.3188 to the December average rate of 294.3968, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 329.8919 was up 10.00% compared to the 2023 peak of 299.8977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,649,460 TZS

2023 Average 1,450,685 TZS

Yearly Trough Low 1,402,570 TZS

Transaction Impact: A difference of 246,890.20 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

331.2805

291.0437

JanuMarcMayJulySeptNove

SBD 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 303.6382, compared to 317.2274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5892 points.

H1 Avg (Jan–Jun) 303.6382

H2 Avg (Jul–Dec) 317.2274

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 36.1721 TZS (High: 316.6860 / Low: 280.5139). On the other end, May was the most stable month, with a tight range of 2.8528 TZS (High: 307.3674 / Low: 304.5146).

December Spread (Volatile) ±36.1721

May Spread (Stable) ±2.8528

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 24.5861 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -24.5861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 327.9275) against the same month in 2023 (average: 297.0756), the exchange rate shifted by +30.8519 (+10.39%).

2024 Avg (October) 327.9275

2023 Avg (October) 297.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	302.8841	297.3733	299.3188
February	302.4132	298.4381	300.5649
March	304.7745	291.5344	301.6049
April	307.0435	303.4420	304.6575
May	307.3674	304.5146	305.8202
June	317.0200	306.6326	309.8630
July	321.6496	313.4138	316.2416
August	322.8759	315.7324	319.0139
September	329.6341	320.9005	326.8017
October	329.8919	325.8648	327.9275
November	327.1998	314.3143	318.9829
December	316.6860	280.5139	294.3968