YEARLY HIGH
0.0047 SEK
YEARLY LOW
0.0037 SEK
YEARLY AVERAGE
0.0041 SEK

2024 TZS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0047. Conversely, the yearly low was recorded on September 24, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0010 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0045, the exchange rate registered a net change of 8.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0047 was up 2.24% compared to the 2023 peak of 0.0046, 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 24 SEK
2023 Average 22 SEK
Yearly Trough Low 18 SEK
Transaction Impact: A difference of 5.12 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0045
0.0037
JanuMarcMayJulySeptNove

TZS to SEK 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 0.0041, compared to 0.0040 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) 0.0041
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0006 SEK (High: 0.0047 / Low: 0.0041). On the other end, July was the most stable month, with a tight range of 0.0001 SEK (High: 0.0040 / Low: 0.0039).

December Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0001

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 July and August, 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: 0.0045) against the same month in 2023 (average: 0.0041), the exchange rate shifted by +0.0004 (+9.53%).

2024 Avg (December) 0.0045
2023 Avg (December) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0040 0.0041
February 0.0042 0.0040 0.0041
March 0.0042 0.0040 0.0041
April 0.0043 0.0041 0.0042
May 0.0042 0.0040 0.0041
June 0.0041 0.0040 0.0040
July 0.0040 0.0039 0.0040
August 0.0040 0.0037 0.0038
September 0.0038 0.0037 0.0038
October 0.0039 0.0038 0.0038
November 0.0042 0.0039 0.0041
December 0.0047 0.0041 0.0045