YEARLY HIGH
0.0062 GHS
YEARLY LOW
0.0047 GHS
YEARLY AVERAGE
0.0055 GHS

2024 TZS to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0062. Conversely, the yearly low was recorded on January 6, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0015 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0060, the exchange rate registered a net change of 25.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0062 was up 12.94% compared to the 2023 peak of 0.0055, 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 31 GHS
2023 Average 24 GHS
Yearly Trough Low 24 GHS
Transaction Impact: A difference of 7.57 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0061
0.0047
JanuMarcMayJulySeptNove

TZS to GHS 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 0.0052, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0052
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0006 GHS (High: 0.0062 / Low: 0.0057). On the other end, September was the most stable month, with a tight range of 0.0000 GHS (High: 0.0058 / Low: 0.0057).

December Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0060) against the same month in 2023 (average: 0.0048), the exchange rate shifted by +0.0012 (+25.42%).

2024 Avg (December) 0.0060
2023 Avg (December) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0050 0.0049 0.0049
March 0.0052 0.0050 0.0051
April 0.0053 0.0051 0.0052
May 0.0057 0.0053 0.0055
June 0.0058 0.0057 0.0057
July 0.0058 0.0057 0.0058
August 0.0058 0.0057 0.0058
September 0.0058 0.0057 0.0058
October 0.0060 0.0058 0.0059
November 0.0062 0.0058 0.0060
December 0.0062 0.0057 0.0060