YEARLY HIGH
0.0298 AFN
YEARLY LOW
0.0239 AFN
YEARLY AVERAGE
0.0270 AFN

2024 TZS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0298. Conversely, the yearly low was recorded on October 17, dropping to 0.0239.

This high-to-low spread represents a total annual volatility of 0.0059 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0282, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0298 was down 23.52% compared to the 2023 peak of 0.0390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 149 AFN
2023 Average 171 AFN
Yearly Trough Low 119 AFN
Transaction Impact: A difference of 29.70 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0292
0.0242
JanuMarcMayJulySeptNove

TZS to AFN 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 0.0280, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0280
H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0041 AFN (High: 0.0298 / Low: 0.0257). On the other end, August was the most stable month, with a tight range of 0.0005 AFN (High: 0.0263 / Low: 0.0258).

December Spread (Volatile) ±0.0041
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0282) against the same month in 2023 (average: 0.0278), the exchange rate shifted by +0.0004 (+1.33%).

2024 Avg (December) 0.0282
2023 Avg (December) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0295 0.0278 0.0284
February 0.0296 0.0284 0.0288
March 0.0286 0.0278 0.0283
April 0.0281 0.0276 0.0278
May 0.0280 0.0271 0.0276
June 0.0276 0.0265 0.0269
July 0.0268 0.0261 0.0265
August 0.0263 0.0258 0.0262
September 0.0261 0.0249 0.0255
October 0.0253 0.0239 0.0246
November 0.0258 0.0248 0.0254
December 0.0298 0.0257 0.0282