YEARLY HIGH
0.0479 RSD
YEARLY LOW
0.0383 RSD
YEARLY AVERAGE
0.0415 RSD

2024 TZS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0479. Conversely, the yearly low was recorded on September 26, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0096 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0426 to the December average rate of 0.0454, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0479 was up 0.05% compared to the 2023 peak of 0.0478, 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 239 RSD
2023 Average 224 RSD
Yearly Trough Low 191 RSD
Transaction Impact: A difference of 47.90 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0460
0.0380
JanuMarcMayJulySeptNove

TZS to RSD 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 0.0422, compared to 0.0407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0422
H2 Avg (Jul–Dec) 0.0407

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0059 RSD (High: 0.0479 / Low: 0.0419). On the other end, March was the most stable month, with a tight range of 0.0006 RSD (High: 0.0425 / Low: 0.0419).

December Spread (Volatile) ±0.0059
March Spread (Stable) ±0.0006

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0454) against the same month in 2023 (average: 0.0427), the exchange rate shifted by +0.0026 (+6.19%).

2024 Avg (December) 0.0454
2023 Avg (December) 0.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0430 0.0421 0.0426
February 0.0431 0.0424 0.0427
March 0.0425 0.0419 0.0422
April 0.0428 0.0419 0.0423
May 0.0421 0.0414 0.0418
June 0.0420 0.0408 0.0415
July 0.0412 0.0399 0.0404
August 0.0402 0.0385 0.0392
September 0.0391 0.0383 0.0387
October 0.0398 0.0389 0.0394
November 0.0422 0.0397 0.0413
December 0.0479 0.0419 0.0454