2024 TZS to CDF Historical Review

YEARLY HIGH

1.2108 CDF

YEARLY LOW

1.0346 CDF

YEARLY AVERAGE

1.0777 CDF

2024 TZS to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.2108. Conversely, the yearly low was recorded on August 25, dropping to 1.0346.

This high-to-low spread represents a total annual volatility of 0.1762 CDF. From a start-to-finish perspective, comparing the January average rate of 1.0799 to the December average rate of 1.1591, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2108 was up 9.04% compared to the 2023 peak of 1.1104, 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 6,054 CDF

2023 Average 4,816 CDF

Yearly Trough Low 5,173 CDF

Transaction Impact: A difference of 881.23 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1705

1.0336

JanuMarcMayJulySeptNove

TZS to CDF 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 1.0816, compared to 1.0738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 1.0816

H2 Avg (Jul–Dec) 1.0738

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1260 CDF (High: 1.2108 / Low: 1.0848). On the other end, September was the most stable month, with a tight range of 0.0094 CDF (High: 1.0495 / Low: 1.0400).

December Spread (Volatile) ±0.1260

September Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.1591) against the same month in 2023 (average: 1.0837), the exchange rate shifted by +0.0754 (+6.95%).

2024 Avg (December) 1.1591

2023 Avg (December) 1.0837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0930	1.0577	1.0799
February	1.0921	1.0787	1.0849
March	1.0911	1.0773	1.0865
April	1.0962	1.0714	1.0807
May	1.0866	1.0712	1.0773
June	1.0923	1.0612	1.0801
July	1.0788	1.0500	1.0643
August	1.0648	1.0346	1.0533
September	1.0495	1.0400	1.0450
October	1.0580	1.0420	1.0482
November	1.0868	1.0508	1.0728
December	1.2108	1.0848	1.1591