YEARLY HIGH
0.0036 SBD
YEARLY LOW
0.0030 SBD
YEARLY AVERAGE
0.0032 SBD

2024 TZS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0036. Conversely, the yearly low was recorded on October 12, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0005 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0034, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0036 was up 0.07% compared to the 2023 peak of 0.0036, 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 18 SBD
2023 Average 17 SBD
Yearly Trough Low 15 SBD
Transaction Impact: A difference of 2.67 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0034
0.0030
JanuMarcMayJulySeptNove

TZS to SBD 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 0.0033, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0033
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0004 SBD (High: 0.0036 / Low: 0.0032). On the other end, May was the most stable month, with a tight range of 0.0000 SBD (High: 0.0033 / Low: 0.0033).

December Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0034) against the same month in 2023 (average: 0.0034), the exchange rate shifted by +0.0000 (+1.09%).

2024 Avg (December) 0.0034
2023 Avg (December) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0033 0.0033
February 0.0034 0.0033 0.0033
March 0.0034 0.0033 0.0033
April 0.0033 0.0033 0.0033
May 0.0033 0.0033 0.0033
June 0.0033 0.0032 0.0032
July 0.0032 0.0031 0.0032
August 0.0032 0.0031 0.0031
September 0.0031 0.0030 0.0031
October 0.0031 0.0030 0.0030
November 0.0032 0.0031 0.0031
December 0.0036 0.0032 0.0034