2024 SEK to TZS Historical Review

YEARLY HIGH

270.8965 TZS

YEARLY LOW

212.1031 TZS

YEARLY AVERAGE

247.4499 TZS

2024 SEK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 270.8965. Conversely, the yearly low was recorded on December 18, dropping to 212.1031.

This high-to-low spread represents a total annual volatility of 58.7934 TZS. From a start-to-finish perspective, comparing the January average rate of 243.6311 to the December average rate of 224.3903, the exchange rate registered a net change of -7.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 270.8965 was up 7.16% compared to the 2023 peak of 252.8074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354,482 TZS

2023 Average 1,141,526 TZS

Yearly Trough Low 1,060,515 TZS

Transaction Impact: A difference of 293,966.96 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

270.8767

220.1642

JanuMarcMayJulySeptNove

SEK 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 243.6160, compared to 251.2839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6679 points.

H1 Avg (Jan–Jun) 243.6160

H2 Avg (Jul–Dec) 251.2839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 29.4061 TZS (High: 241.5092 / Low: 212.1031). On the other end, July was the most stable month, with a tight range of 7.8977 TZS (High: 256.3890 / Low: 248.4913).

December Spread (Volatile) ±29.4061

July Spread (Stable) ±7.8977

Growth Streaks & Declines

Trends

Between 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 20.6053 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -20.6053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 266.6507) against the same month in 2023 (average: 225.8794), the exchange rate shifted by +40.7712 (+18.05%).

2024 Avg (September) 266.6507

2023 Avg (September) 225.8794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	250.2612	239.8488	243.6311
February	248.0208	238.7953	243.4816
March	250.0923	240.1730	244.9250
April	244.2140	234.8735	238.7234
May	247.2845	237.8314	241.4426
June	252.9793	245.0185	249.4921
July	256.3890	248.4913	251.3173
August	267.2401	251.4547	260.2945
September	270.8965	261.7287	266.6507
October	265.4649	254.4306	260.0551
November	254.2298	239.5402	244.9956
December	241.5092	212.1031	224.3903