YEARLY HIGH
0.3881 AOA
YEARLY LOW
0.3191 AOA
YEARLY AVERAGE
0.3335 AOA

2024 TZS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.3881. Conversely, the yearly low was recorded on June 30, dropping to 0.3191.

This high-to-low spread represents a total annual volatility of 0.0690 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3295 to the December average rate of 0.3709, the exchange rate registered a net change of 12.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3881 was up 12.87% compared to the 2023 peak of 0.3438, 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 1,940 AOA
2023 Average 1,409 AOA
Yearly Trough Low 1,595 AOA
Transaction Impact: A difference of 345.14 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3757
0.3187
JanuMarcMayJulySeptNove

TZS to AOA 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 0.3263, compared to 0.3408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.3263
H2 Avg (Jul–Dec) 0.3408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0420 AOA (High: 0.3881 / Low: 0.3461). On the other end, April was the most stable month, with a tight range of 0.0044 AOA (High: 0.3257 / Low: 0.3212).

December Spread (Volatile) ±0.0420
April Spread (Stable) ±0.0044

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 September and October, when the average rate fell by 0.0044 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3709) against the same month in 2023 (average: 0.3308), the exchange rate shifted by +0.0402 (+12.15%).

2024 Avg (December) 0.3709
2023 Avg (December) 0.3308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3310 0.3263 0.3295
February 0.3301 0.3248 0.3271
March 0.3282 0.3234 0.3268
April 0.3257 0.3212 0.3235
May 0.3289 0.3208 0.3249
June 0.3290 0.3191 0.3260
July 0.3298 0.3231 0.3263
August 0.3364 0.3240 0.3288
September 0.3452 0.3354 0.3405
October 0.3503 0.3330 0.3360
November 0.3465 0.3344 0.3420
December 0.3881 0.3461 0.3709