YEARLY HIGH
0.0031 CNY
YEARLY LOW
0.0026 CNY
YEARLY AVERAGE
0.0027 CNY

2024 TZS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0031. Conversely, the yearly low was recorded on September 26, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0005 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0030, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0031 was up 2.39% compared to the 2023 peak of 0.0030, 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 15 CNY
2023 Average 15 CNY
Yearly Trough Low 13 CNY
Transaction Impact: A difference of 2.68 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0030
0.0026
JanuMarcMayJulySeptNove

TZS to CNY 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 0.0028, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0028
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0003 CNY (High: 0.0031 / Low: 0.0027). On the other end, March was the most stable month, with a tight range of 0.0000 CNY (High: 0.0028 / Low: 0.0028).

December Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0030) against the same month in 2023 (average: 0.0028), the exchange rate shifted by +0.0001 (+4.38%).

2024 Avg (December) 0.0030
2023 Avg (December) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0028 0.0028
February 0.0028 0.0028 0.0028
March 0.0028 0.0028 0.0028
April 0.0028 0.0028 0.0028
May 0.0028 0.0027 0.0028
June 0.0028 0.0027 0.0028
July 0.0027 0.0027 0.0027
August 0.0027 0.0026 0.0026
September 0.0026 0.0026 0.0026
October 0.0026 0.0026 0.0026
November 0.0027 0.0026 0.0027
December 0.0031 0.0027 0.0030