YEARLY HIGH
0.0216 EGP
YEARLY LOW
0.0121 EGP
YEARLY AVERAGE
0.0173 EGP

2024 TZS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0216. Conversely, the yearly low was recorded on February 23, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0095 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0205, the exchange rate registered a net change of 67.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0216 was up 62.58% compared to the 2023 peak of 0.0133, 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 108 EGP
2023 Average 63 EGP
Yearly Trough Low 61 EGP
Transaction Impact: A difference of 47.47 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0214
0.0113
JanuMarcMayJulySeptNove

TZS to EGP 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 0.0162, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0073 EGP (High: 0.0194 / Low: 0.0121). On the other end, February was the most stable month, with a tight range of 0.0002 EGP (High: 0.0123 / Low: 0.0121).

March Spread (Volatile) ±0.0073
February Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0205) against the same month in 2023 (average: 0.0123), the exchange rate shifted by +0.0082 (+67.03%).

2024 Avg (December) 0.0205
2023 Avg (December) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0123 0.0121 0.0123
February 0.0123 0.0121 0.0122
March 0.0194 0.0121 0.0177
April 0.0188 0.0183 0.0185
May 0.0185 0.0179 0.0182
June 0.0184 0.0179 0.0182
July 0.0183 0.0179 0.0180
August 0.0183 0.0179 0.0181
September 0.0179 0.0177 0.0178
October 0.0181 0.0177 0.0178
November 0.0188 0.0181 0.0185
December 0.0216 0.0188 0.0205