YEARLY HIGH
10.9321 TZS
YEARLY LOW
9.4135 TZS
YEARLY AVERAGE
10.4466 TZS

2024 YER to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 10.9321. Conversely, the yearly low was recorded on December 16, dropping to 9.4135.

This high-to-low spread represents a total annual volatility of 1.5186 TZS. From a start-to-finish perspective, comparing the January average rate of 10.0680 to the December average rate of 9.8638, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.9321 was up 8.39% compared to the 2023 peak of 10.0859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 YER based on timing:

Yearly Peak High 54,661 TZS
2023 Average 48,376 TZS
Yearly Trough Low 47,068 TZS
Transaction Impact: A difference of 7,592.92 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.9902
9.7614
JanuMarcMayJulySeptNove

YER to TZS 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 10.2627, compared to 10.6304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3676 points.

H1 Avg (Jan–Jun) 10.2627
H2 Avg (Jul–Dec) 10.6304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.1274 TZS (High: 10.5410 / Low: 9.4135). On the other end, October was the most stable month, with a tight range of 0.0805 TZS (High: 10.9064 / Low: 10.8259).

December Spread (Volatile) ±1.1274
October Spread (Stable) ±0.0805

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8069 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.8069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 10.8878) against the same month in 2023 (average: 10.0080), the exchange rate shifted by +0.8798 (+8.79%).

2024 Avg (September) 10.8878
2023 Avg (September) 10.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1835 10.0236 10.0680
February 10.2281 10.0696 10.1510
March 10.3056 10.1411 10.1984
April 10.3735 10.2714 10.3173
May 10.4146 10.3255 10.3694
June 10.6888 10.3912 10.4723
July 10.7994 10.5653 10.6736
August 10.8656 10.7077 10.8049
September 10.9321 10.8178 10.8878
October 10.9064 10.8259 10.8816
November 10.9076 10.5437 10.6707
December 10.5410 9.4135 9.8638