2024 TJS to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 257.4498. Conversely, the yearly low was recorded on December 17, dropping to 215.5607.
This high-to-low spread represents a total annual volatility of 41.8891 TZS. From a start-to-finish perspective, comparing the January average rate of 230.7310 to the December average rate of 226.0472, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 257.4498 was up 10.12% compared to the 2023 peak of 233.7852, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TJS 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 236.1768, compared to 248.9801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.8034 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 26.7297 TZS (High: 242.2904 / Low: 215.5607). On the other end, October was the most stable month, with a tight range of 2.2079 TZS (High: 256.5623 / Low: 254.3544).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 23.9330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 255.0166) against the same month in 2023 (average: 227.2989), the exchange rate shifted by +27.7177 (+12.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 233.9438 | 229.3878 | 230.7310 |
| February | 233.0804 | 230.6992 | 232.1379 |
| March | 235.5609 | 232.2367 | 233.3157 |
| April | 237.7266 | 235.1938 | 236.2669 |
| May | 242.8905 | 236.8223 | 239.2699 |
| June | 250.8629 | 242.0631 | 245.3393 |
| July | 255.4020 | 248.0172 | 251.1930 |
| August | 257.4498 | 252.8676 | 255.0166 |
| September | 257.3094 | 254.5424 | 255.9964 |
| October | 256.5623 | 254.3544 | 255.6475 |
| November | 255.8887 | 242.1988 | 249.9802 |
| December | 242.2904 | 215.5607 | 226.0472 |