YEARLY HIGH
0.1062 YER
YEARLY LOW
0.0915 YER
YEARLY AVERAGE
0.0958 YER

2024 TZS to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.1062. Conversely, the yearly low was recorded on September 26, dropping to 0.0915.

This high-to-low spread represents a total annual volatility of 0.0148 YER. From a start-to-finish perspective, comparing the January average rate of 0.0993 to the December average rate of 0.1016, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1062 was down 2.08% compared to the 2023 peak of 0.1085, 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 531 YER
2023 Average 517 YER
Yearly Trough Low 457 YER
Transaction Impact: A difference of 73.78 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1025
0.0909
JanuMarcMayJulySeptNove

TZS to YER 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 0.0975, compared to 0.0942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0975
H2 Avg (Jul–Dec) 0.0942

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0114 YER (High: 0.1062 / Low: 0.0949). On the other end, October was the most stable month, with a tight range of 0.0007 YER (High: 0.0924 / Low: 0.0917).

December Spread (Volatile) ±0.0114
October Spread (Stable) ±0.0007

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1016) against the same month in 2023 (average: 0.0996), the exchange rate shifted by +0.0020 (+1.97%).

2024 Avg (December) 0.1016
2023 Avg (December) 0.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0998 0.0982 0.0993
February 0.0993 0.0978 0.0985
March 0.0986 0.0970 0.0981
April 0.0974 0.0964 0.0969
May 0.0968 0.0960 0.0964
June 0.0962 0.0936 0.0955
July 0.0946 0.0926 0.0937
August 0.0934 0.0920 0.0926
September 0.0924 0.0915 0.0918
October 0.0924 0.0917 0.0919
November 0.0948 0.0917 0.0937
December 0.1062 0.0949 0.1016