2024 TZS to TRY Historical Review

YEARLY HIGH

0.0149 TRY

YEARLY LOW

0.0117 TRY

YEARLY AVERAGE

0.0126 TRY

2024 TZS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0149. Conversely, the yearly low was recorded on January 1, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0032 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0142, the exchange rate registered a net change of 19.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0149 was up 26.69% compared to the 2023 peak of 0.0117, 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 74 TRY

2023 Average 49 TRY

Yearly Trough Low 59 TRY

Transaction Impact: A difference of 15.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0144

0.0117

JanuMarcMayJulySeptNove

TZS to TRY 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 0.0123, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0017 TRY (High: 0.0149 / Low: 0.0132). On the other end, October was the most stable month, with a tight range of 0.0001 TRY (High: 0.0127 / Low: 0.0125).

December Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0142) against the same month in 2023 (average: 0.0116), the exchange rate shifted by +0.0026 (+22.75%).

2024 Avg (December) 0.0142

2023 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0120	0.0117	0.0119
February	0.0123	0.0120	0.0121
March	0.0127	0.0123	0.0126
April	0.0126	0.0124	0.0125
May	0.0125	0.0124	0.0124
June	0.0126	0.0123	0.0124
July	0.0125	0.0122	0.0123
August	0.0126	0.0123	0.0125
September	0.0126	0.0124	0.0125
October	0.0127	0.0125	0.0126
November	0.0132	0.0126	0.0129
December	0.0149	0.0132	0.0142