YEARLY HIGH
84.4840 TZS
YEARLY LOW
68.2432 TZS
YEARLY AVERAGE
74.2685 TZS

2024 THB to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 84.4840. Conversely, the yearly low was recorded on December 18, dropping to 68.2432.

This high-to-low spread represents a total annual volatility of 16.2408 TZS. From a start-to-finish perspective, comparing the January average rate of 71.6685 to the December average rate of 72.2262, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 84.4840 was up 15.06% compared to the 2023 peak of 73.4234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 21,120,999 TZS
2023 Average 17,415,479 TZS
Yearly Trough Low 17,060,801 TZS
Transaction Impact: A difference of 4,060,197.17 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

83.1264
69.1049
JanuMarcMayJulySeptNove

THB 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 71.0332, compared to 77.5037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4706 points.

H1 Avg (Jan–Jun) 71.0332
H2 Avg (Jul–Dec) 77.5037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 8.9752 TZS (High: 77.2184 / Low: 68.2432). On the other end, April was the most stable month, with a tight range of 1.3546 TZS (High: 70.9255 / Low: 69.5709).

December Spread (Volatile) ±8.9752
April Spread (Stable) ±1.3546

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 5.2792 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -5.2792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 81.9579) against the same month in 2023 (average: 69.9766), the exchange rate shifted by +11.9813 (+17.12%).

2024 Avg (September) 81.9579
2023 Avg (September) 69.9766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.4232 70.3772 71.6685
February 71.7418 70.1137 70.8830
March 72.0761 69.8141 71.0476
April 70.9255 69.5709 70.2734
May 71.9655 70.2329 70.8948
June 72.8216 70.7688 71.4318
July 76.0918 71.8650 73.7616
August 80.1577 75.6757 77.9559
September 84.4840 79.3349 81.9579
October 83.6044 80.1301 81.6154
November 80.3362 76.0457 77.5054
December 77.2184 68.2432 72.2262