2024 TZS to CVE Historical Review

YEARLY HIGH

0.0447 CVE

YEARLY LOW

0.0361 CVE

YEARLY AVERAGE

0.0391 CVE

2024 TZS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0447. Conversely, the yearly low was recorded on September 26, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0086 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0401 to the December average rate of 0.0427, the exchange rate registered a net change of 6.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0447 was down 0.64% compared to the 2023 peak of 0.0450, 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 223 CVE

2023 Average 211 CVE

Yearly Trough Low 181 CVE

Transaction Impact: A difference of 42.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0434

0.0358

JanuMarcMayJulySeptNove

TZS to CVE 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 0.0397, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0397

H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0051 CVE (High: 0.0447 / Low: 0.0396). On the other end, March was the most stable month, with a tight range of 0.0006 CVE (High: 0.0401 / Low: 0.0395).

December Spread (Volatile) ±0.0051

March Spread (Stable) ±0.0006

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0427) against the same month in 2023 (average: 0.0403), the exchange rate shifted by +0.0025 (+6.15%).

2024 Avg (December) 0.0427

2023 Avg (December) 0.0403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0405	0.0396	0.0401
February	0.0406	0.0399	0.0403
March	0.0401	0.0395	0.0398
April	0.0402	0.0394	0.0398
May	0.0400	0.0390	0.0394
June	0.0396	0.0384	0.0391
July	0.0390	0.0376	0.0381
August	0.0380	0.0363	0.0371
September	0.0368	0.0361	0.0365
October	0.0375	0.0365	0.0372
November	0.0398	0.0372	0.0389
December	0.0447	0.0396	0.0427