YEARLY HIGH
0.0064 SCR
YEARLY LOW
0.0047 SCR
YEARLY AVERAGE
0.0052 SCR

2024 TZS to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0064. Conversely, the yearly low was recorded on September 24, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0017 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0057, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0064 was up 5.63% compared to the 2023 peak of 0.0061, 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 32 SCR
2023 Average 28 SCR
Yearly Trough Low 23 SCR
Transaction Impact: A difference of 8.62 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0058
0.0049
JanuMarcMayJulySeptNove

TZS to SCR 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 0.0053, compared to 0.0052 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) 0.0053
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0014 SCR (High: 0.0064 / Low: 0.0050). On the other end, May was the most stable month, with a tight range of 0.0002 SCR (High: 0.0053 / Low: 0.0052).

December Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0057) against the same month in 2023 (average: 0.0053), the exchange rate shifted by +0.0004 (+7.23%).

2024 Avg (December) 0.0057
2023 Avg (December) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0052 0.0053
February 0.0054 0.0052 0.0053
March 0.0056 0.0052 0.0053
April 0.0056 0.0052 0.0053
May 0.0053 0.0052 0.0053
June 0.0056 0.0052 0.0053
July 0.0053 0.0050 0.0052
August 0.0056 0.0047 0.0051
September 0.0051 0.0047 0.0049
October 0.0055 0.0048 0.0050
November 0.0054 0.0050 0.0052
December 0.0064 0.0050 0.0057