2024 TZS to LKR Historical Review

YEARLY HIGH

0.1288 LKR

YEARLY LOW

0.1074 LKR

YEARLY AVERAGE

0.1156 LKR

2024 TZS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1288. Conversely, the yearly low was recorded on October 12, dropping to 0.1074.

This high-to-low spread represents a total annual volatility of 0.0214 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1274 to the December average rate of 0.1185, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1288 was down 18.33% compared to the 2023 peak of 0.1577, 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 644 LKR

2023 Average 679 LKR

Yearly Trough Low 537 LKR

Transaction Impact: A difference of 107.01 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1293

0.1058

JanuMarcMayJulySeptNove

TZS to LKR 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 0.1195, compared to 0.1118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1195

H2 Avg (Jul–Dec) 0.1118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0136 LKR (High: 0.1236 / Low: 0.1101). On the other end, October was the most stable month, with a tight range of 0.0010 LKR (High: 0.1084 / Low: 0.1074).

December Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1274) against the same month in 2023 (average: 0.1567), the exchange rate shifted by -0.0293 (-18.71%).

2024 Avg (January) 0.1274

2023 Avg (January) 0.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1288	0.1246	0.1274
February	0.1252	0.1215	0.1229
March	0.1217	0.1165	0.1194
April	0.1168	0.1143	0.1157
May	0.1165	0.1143	0.1153
June	0.1167	0.1143	0.1159
July	0.1156	0.1119	0.1136
August	0.1124	0.1096	0.1109
September	0.1119	0.1085	0.1104
October	0.1084	0.1074	0.1078
November	0.1101	0.1074	0.1095
December	0.1236	0.1101	0.1185