YEARLY HIGH
0.0150 SRD
YEARLY LOW
0.0106 SRD
YEARLY AVERAGE
0.0127 SRD

2024 TZS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0150. Conversely, the yearly low was recorded on August 5, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0044 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0143, the exchange rate registered a net change of -1.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0150 was down 6.86% compared to the 2023 peak of 0.0161, 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 75 SRD
2023 Average 76 SRD
Yearly Trough Low 53 SRD
Transaction Impact: A difference of 21.91 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0149
0.0103
JanuMarcMayJulySeptNove

TZS to SRD 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 0.0134, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0134
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0016 SRD (High: 0.0150 / Low: 0.0134). On the other end, August was the most stable month, with a tight range of 0.0002 SRD (High: 0.0108 / Low: 0.0106).

December Spread (Volatile) ±0.0016
August Spread (Stable) ±0.0002

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 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0143) against the same month in 2023 (average: 0.0149), the exchange rate shifted by -0.0006 (-3.84%).

2024 Avg (December) 0.0143
2023 Avg (December) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0147 0.0143 0.0146
February 0.0146 0.0138 0.0142
March 0.0139 0.0136 0.0138
April 0.0136 0.0131 0.0134
May 0.0130 0.0123 0.0126
June 0.0124 0.0115 0.0120
July 0.0117 0.0107 0.0111
August 0.0108 0.0106 0.0106
September 0.0112 0.0106 0.0109
October 0.0127 0.0113 0.0119
November 0.0134 0.0128 0.0132
December 0.0150 0.0134 0.0143