YEARLY HIGH
0.0156 NIO
YEARLY LOW
0.0134 NIO
YEARLY AVERAGE
0.0141 NIO

2024 TZS to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0156. Conversely, the yearly low was recorded on September 26, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0022 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0149, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0156 was down 0.56% compared to the 2023 peak of 0.0157, 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 78 NIO
2023 Average 76 NIO
Yearly Trough Low 67 NIO
Transaction Impact: A difference of 10.96 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0151
0.0134
JanuMarcMayJulySeptNove

TZS to NIO 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 0.0143, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0143
H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0017 NIO (High: 0.0156 / Low: 0.0139). On the other end, October was the most stable month, with a tight range of 0.0001 NIO (High: 0.0136 / Low: 0.0135).

December Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0149) against the same month in 2023 (average: 0.0146), the exchange rate shifted by +0.0003 (+2.36%).

2024 Avg (December) 0.0149
2023 Avg (December) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0144 0.0145
February 0.0146 0.0144 0.0145
March 0.0145 0.0143 0.0144
April 0.0143 0.0142 0.0142
May 0.0142 0.0141 0.0142
June 0.0141 0.0137 0.0140
July 0.0139 0.0136 0.0138
August 0.0137 0.0135 0.0136
September 0.0136 0.0134 0.0135
October 0.0136 0.0135 0.0135
November 0.0139 0.0135 0.0138
December 0.0156 0.0139 0.0149