YEARLY HIGH
0.0577 NPR
YEARLY LOW
0.0489 NPR
YEARLY AVERAGE
0.0512 NPR

2024 TZS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0577. Conversely, the yearly low was recorded on September 23, dropping to 0.0489.

This high-to-low spread represents a total annual volatility of 0.0088 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0552, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0577 was up 1.37% compared to the 2023 peak of 0.0569, 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 289 NPR
2023 Average 273 NPR
Yearly Trough Low 245 NPR
Transaction Impact: A difference of 43.96 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0558
0.0486
JanuMarcMayJulySeptNove

TZS to NPR 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 0.0518, compared to 0.0507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0518
H2 Avg (Jul–Dec) 0.0507

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0065 NPR (High: 0.0577 / Low: 0.0512). On the other end, October was the most stable month, with a tight range of 0.0003 NPR (High: 0.0496 / Low: 0.0492).

December Spread (Volatile) ±0.0065
October Spread (Stable) ±0.0003

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0552) against the same month in 2023 (average: 0.0531), the exchange rate shifted by +0.0021 (+4.01%).

2024 Avg (December) 0.0552
2023 Avg (December) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0534 0.0521 0.0528
February 0.0526 0.0520 0.0523
March 0.0524 0.0517 0.0520
April 0.0518 0.0513 0.0516
May 0.0516 0.0511 0.0514
June 0.0513 0.0498 0.0509
July 0.0505 0.0495 0.0500
August 0.0499 0.0490 0.0496
September 0.0495 0.0489 0.0492
October 0.0496 0.0492 0.0494
November 0.0513 0.0497 0.0506
December 0.0577 0.0512 0.0552