YEARLY HIGH
0.0017 PGK
YEARLY LOW
0.0014 PGK
YEARLY AVERAGE
0.0015 PGK

2024 TZS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0017. Conversely, the yearly low was recorded on August 26, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0003 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0016, the exchange rate registered a net change of 10.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0017 was up 12.35% compared to the 2023 peak of 0.0015, 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 9 PGK
2023 Average 7 PGK
Yearly Trough Low 7 PGK
Transaction Impact: A difference of 1.56 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0017
0.0014
JanuMarcMayJulySeptNove

TZS to PGK 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 0.0015, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0015
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0002 PGK (High: 0.0017 / Low: 0.0015). On the other end, May was the most stable month, with a tight range of 0.0000 PGK (High: 0.0015 / Low: 0.0015).

December Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0016) against the same month in 2023 (average: 0.0015), the exchange rate shifted by +0.0002 (+10.27%).

2024 Avg (December) 0.0016
2023 Avg (December) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0015 0.0015 0.0015
February 0.0015 0.0015 0.0015
March 0.0015 0.0015 0.0015
April 0.0015 0.0015 0.0015
May 0.0015 0.0015 0.0015
June 0.0015 0.0014 0.0015
July 0.0015 0.0014 0.0015
August 0.0015 0.0014 0.0015
September 0.0015 0.0014 0.0015
October 0.0015 0.0014 0.0015
November 0.0015 0.0015 0.0015
December 0.0017 0.0015 0.0016