2024 TZS to ETB Historical Review

YEARLY HIGH

0.0539 ETB

YEARLY LOW

0.0214 ETB

YEARLY AVERAGE

0.0314 ETB

2024 TZS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0539. Conversely, the yearly low was recorded on July 21, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0326 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0514, the exchange rate registered a net change of 129.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0539 was up 131.08% compared to the 2023 peak of 0.0233, 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 270 ETB

2023 Average 113 ETB

Yearly Trough Low 107 ETB

Transaction Impact: A difference of 162.96 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0544

0.0188

JanuMarcMayJulySeptNove

TZS to ETB 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 0.0222, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0123 ETB (High: 0.0416 / Low: 0.0292). On the other end, May was the most stable month, with a tight range of 0.0003 ETB (High: 0.0222 / Low: 0.0219).

August Spread (Volatile) ±0.0123

May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0514) against the same month in 2023 (average: 0.0224), the exchange rate shifted by +0.0291 (+130.12%).

2024 Avg (December) 0.0514

2023 Avg (December) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0225	0.0221	0.0224
February	0.0224	0.0221	0.0223
March	0.0223	0.0220	0.0222
April	0.0222	0.0219	0.0220
May	0.0222	0.0219	0.0221
June	0.0221	0.0216	0.0219
July	0.0279	0.0214	0.0218
August	0.0416	0.0292	0.0380
September	0.0439	0.0406	0.0424
October	0.0450	0.0435	0.0442
November	0.0479	0.0443	0.0460
December	0.0539	0.0475	0.0514