2024 TZS to IRR Historical Review

YEARLY HIGH

17.9657 IRR

YEARLY LOW

15.3844 IRR

YEARLY AVERAGE

16.1174 IRR

2024 TZS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 17.9657. Conversely, the yearly low was recorded on September 26, dropping to 15.3844.

This high-to-low spread represents a total annual volatility of 2.5813 IRR. From a start-to-finish perspective, comparing the January average rate of 16.6833 to the December average rate of 17.1334, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.9657 was down 1.89% compared to the 2023 peak of 18.3113, 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 89,828 IRR

2023 Average 87,244 IRR

Yearly Trough Low 76,922 IRR

Transaction Impact: A difference of 12,906.32 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.3019

15.2799

JanuMarcMayJulySeptNove

TZS to IRR 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 16.3776, compared to 15.8573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5203 points.

H1 Avg (Jan–Jun) 16.3776

H2 Avg (Jul–Dec) 15.8573

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.0155 IRR (High: 17.9657 / Low: 15.9502). On the other end, October was the most stable month, with a tight range of 0.1054 IRR (High: 15.5323 / Low: 15.4269).

December Spread (Volatile) ±2.0155

October Spread (Stable) ±0.1054

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 0.3044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 17.1334) against the same month in 2023 (average: 16.8096), the exchange rate shifted by +0.3238 (+1.93%).

2024 Avg (December) 17.1334

2023 Avg (December) 16.8096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7530	16.4906	16.6833
February	16.6817	16.4785	16.5465
March	16.5579	16.2926	16.4657
April	16.3506	16.2139	16.2876
May	16.2993	16.1327	16.2202
June	16.2250	15.7916	16.0621
July	15.9119	15.5704	15.7577
August	15.7069	15.4802	15.5639
September	15.5424	15.3844	15.4484
October	15.5323	15.4269	15.4552
November	15.9724	15.4514	15.7849
December	17.9657	15.9502	17.1334