YEARLY HIGH
0.0756 DJF
YEARLY LOW
0.0650 DJF
YEARLY AVERAGE
0.0681 DJF

2024 TZS to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0756. Conversely, the yearly low was recorded on September 26, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0106 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0706 to the December average rate of 0.0722, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0756 was down 1.57% compared to the 2023 peak of 0.0768, 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 378 DJF
2023 Average 367 DJF
Yearly Trough Low 325 DJF
Transaction Impact: A difference of 53.21 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0729
0.0646
JanuMarcMayJulySeptNove

TZS to DJF 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 0.0692, compared to 0.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0692
H2 Avg (Jul–Dec) 0.0670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0083 DJF (High: 0.0756 / Low: 0.0673). On the other end, October was the most stable month, with a tight range of 0.0006 DJF (High: 0.0656 / Low: 0.0651).

December Spread (Volatile) ±0.0083
October 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 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0722) against the same month in 2023 (average: 0.0709), the exchange rate shifted by +0.0013 (+1.90%).

2024 Avg (December) 0.0722
2023 Avg (December) 0.0709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0710 0.0697 0.0706
February 0.0706 0.0697 0.0700
March 0.0700 0.0689 0.0696
April 0.0690 0.0685 0.0688
May 0.0688 0.0680 0.0685
June 0.0683 0.0665 0.0678
July 0.0672 0.0658 0.0666
August 0.0660 0.0651 0.0657
September 0.0656 0.0650 0.0653
October 0.0656 0.0651 0.0653
November 0.0675 0.0652 0.0667
December 0.0756 0.0673 0.0722