YEARLY HIGH
0.0033 HKD
YEARLY LOW
0.0028 HKD
YEARLY AVERAGE
0.0030 HKD

2024 TZS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0033. Conversely, the yearly low was recorded on September 26, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0005 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0032, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0033 was down 2.83% compared to the 2023 peak of 0.0034, 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 17 HKD
2023 Average 16 HKD
Yearly Trough Low 14 HKD
Transaction Impact: A difference of 2.32 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0032
0.0028
JanuMarcMayJulySeptNove

TZS to HKD 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 0.0030, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0004 HKD (High: 0.0033 / Low: 0.0029). On the other end, October was the most stable month, with a tight range of 0.0000 HKD (High: 0.0029 / Low: 0.0028).

December Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0032) against the same month in 2023 (average: 0.0031), the exchange rate shifted by +0.0000 (+1.56%).

2024 Avg (December) 0.0032
2023 Avg (December) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0031 0.0031
February 0.0031 0.0031 0.0031
March 0.0031 0.0030 0.0031
April 0.0030 0.0030 0.0030
May 0.0030 0.0030 0.0030
June 0.0030 0.0029 0.0030
July 0.0030 0.0029 0.0029
August 0.0029 0.0029 0.0029
September 0.0029 0.0028 0.0029
October 0.0029 0.0028 0.0029
November 0.0030 0.0029 0.0029
December 0.0033 0.0029 0.0032