2024 TZS to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 TZS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |