YEARLY HIGH
0.2684 XOF
YEARLY LOW
0.2144 XOF
YEARLY AVERAGE
0.2322 XOF

2024 TZS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2684. Conversely, the yearly low was recorded on September 26, dropping to 0.2144.

This high-to-low spread represents a total annual volatility of 0.0539 XOF. From a start-to-finish perspective, comparing the January average rate of 0.2385 to the December average rate of 0.2545, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2684 was up 0.37% compared to the 2023 peak of 0.2674, 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 1,342 XOF
2023 Average 1,253 XOF
Yearly Trough Low 1,072 XOF
Transaction Impact: A difference of 269.60 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2582
0.2128
JanuMarcMayJulySeptNove

TZS to XOF 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 0.2362, compared to 0.2283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.2362
H2 Avg (Jul–Dec) 0.2283

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0324 XOF (High: 0.2684 / Low: 0.2360). On the other end, May was the most stable month, with a tight range of 0.0039 XOF (High: 0.2359 / Low: 0.2320).

December Spread (Volatile) ±0.0324
May Spread (Stable) ±0.0039

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 0.0063 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2545) against the same month in 2023 (average: 0.2391), the exchange rate shifted by +0.0154 (+6.44%).

2024 Avg (December) 0.2545
2023 Avg (December) 0.2391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2409 0.2357 0.2385
February 0.2411 0.2371 0.2392
March 0.2387 0.2343 0.2363
April 0.2395 0.2344 0.2369
May 0.2359 0.2320 0.2338
June 0.2348 0.2284 0.2325
July 0.2310 0.2235 0.2262
August 0.2253 0.2157 0.2200
September 0.2191 0.2144 0.2166
October 0.2230 0.2179 0.2210
November 0.2367 0.2226 0.2315
December 0.2684 0.2360 0.2545