YEARLY HIGH
3.3240 PYG
YEARLY LOW
2.7754 PYG
YEARLY AVERAGE
2.8930 PYG

2024 TZS to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3.3240. Conversely, the yearly low was recorded on August 25, dropping to 2.7754.

This high-to-low spread represents a total annual volatility of 0.5486 PYG. From a start-to-finish perspective, comparing the January average rate of 2.8892 to the December average rate of 3.1704, the exchange rate registered a net change of 9.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3240 was up 4.14% compared to the 2023 peak of 3.1919, 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 16,620 PYG
2023 Average 15,057 PYG
Yearly Trough Low 13,877 PYG
Transaction Impact: A difference of 2,742.96 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.2072
2.7656
JanuMarcMayJulySeptNove

TZS to PYG 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 2.8745, compared to 2.9114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 2.8745
H2 Avg (Jul–Dec) 2.9114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3681 PYG (High: 3.3240 / Low: 2.9560). On the other end, May was the most stable month, with a tight range of 0.0284 PYG (High: 2.9023 / Low: 2.8739).

December Spread (Volatile) ±0.3681
May Spread (Stable) ±0.0284

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 0.0466 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.1704) against the same month in 2023 (average: 2.9290), the exchange rate shifted by +0.2414 (+8.24%).

2024 Avg (December) 3.1704
2023 Avg (December) 2.9290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9058 2.8567 2.8892
February 2.8870 2.8524 2.8674
March 2.8853 2.8511 2.8647
April 2.8886 2.8486 2.8634
May 2.9023 2.8739 2.8905
June 2.8938 2.8160 2.8719
July 2.8502 2.7986 2.8253
August 2.8264 2.7754 2.8024
September 2.8689 2.8201 2.8475
October 2.9383 2.8582 2.8899
November 2.9595 2.8527 2.9329
December 3.3240 2.9560 3.1704