2024 TZS to SYP Historical Review

YEARLY HIGH

5.4966 SYP

YEARLY LOW

0.9180 SYP

YEARLY AVERAGE

1.0906 SYP

2024 TZS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 5.4966. Conversely, the yearly low was recorded on September 26, dropping to 0.9180.

This high-to-low spread represents a total annual volatility of 4.5786 SYP. From a start-to-finish perspective, comparing the January average rate of 0.9969 to the December average rate of 2.5621, the exchange rate registered a net change of 157.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.4966 was up 404.77% compared to the 2023 peak of 1.0889, 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 27,483 SYP

2023 Average 5,192 SYP

Yearly Trough Low 4,590 SYP

Transaction Impact: A difference of 22,892.90 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7261

0.7578

JanuMarcMayJulySeptNove

TZS to SYP 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 0.9782, compared to 1.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2248 points.

H1 Avg (Jan–Jun) 0.9782

H2 Avg (Jul–Dec) 1.2029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 4.5447 SYP (High: 5.4966 / Low: 0.9519). On the other end, October was the most stable month, with a tight range of 0.0067 SYP (High: 0.9271 / Low: 0.9205).

December Spread (Volatile) ±4.5447

October Spread (Stable) ±0.0067

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 0.0180 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5621) against the same month in 2023 (average: 1.0001), the exchange rate shifted by +1.5620 (+156.18%).

2024 Avg (December) 2.5621

2023 Avg (December) 1.0001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0010	0.9853	0.9969
February	0.9969	0.9851	0.9889
March	0.9896	0.9738	0.9841
April	0.9769	0.9677	0.9727
May	0.9733	0.9637	0.9683
June	0.9657	0.9391	0.9583
July	0.9499	0.9294	0.9403
August	0.9373	0.9237	0.9289
September	0.9277	0.9180	0.9218
October	0.9271	0.9205	0.9223
November	0.9535	0.9220	0.9422
December	5.4966	0.9519	2.5621