2024 QAR to TZS Historical Review

YEARLY HIGH

750.7782 TZS

YEARLY LOW

645.4967 TZS

YEARLY AVERAGE

717.7269 TZS

2024 QAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 750.7782. Conversely, the yearly low was recorded on December 16, dropping to 645.4967.

This high-to-low spread represents a total annual volatility of 105.2815 TZS. From a start-to-finish perspective, comparing the January average rate of 691.8325 to the December average rate of 677.1443, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 750.7782 was up 8.38% compared to the 2023 peak of 692.7491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,753,891 TZS

2023 Average 3,323,805 TZS

Yearly Trough Low 3,227,483 TZS

Transaction Impact: A difference of 526,407.53 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

755.3073

670.0386

JanuMarcMayJulySeptNove

QAR 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 705.2017, compared to 730.2520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.0503 points.

H1 Avg (Jan–Jun) 705.2017

H2 Avg (Jul–Dec) 730.2520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 79.2161 TZS (High: 724.7128 / Low: 645.4967). On the other end, October was the most stable month, with a tight range of 5.1824 TZS (High: 749.2564 / Low: 744.0740).

December Spread (Volatile) ±79.2161

October Spread (Stable) ±5.1824

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 54.9654 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -54.9654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 748.2015) against the same month in 2023 (average: 687.9392), the exchange rate shifted by +60.2624 (+8.76%).

2024 Avg (September) 748.2015

2023 Avg (September) 687.9392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	700.4357	688.5216	691.8325
February	700.4532	691.9393	697.3061
March	708.4710	697.7273	701.1216
April	712.7206	706.3877	709.1467
May	715.8159	709.4219	712.2645
June	734.2272	713.9546	719.5389
July	742.4794	725.9693	733.3029
August	747.6260	738.5305	743.3897
September	750.7782	743.6322	748.2015
October	749.2564	744.0740	747.3641
November	748.2389	724.2500	732.1097
December	724.7128	645.4967	677.1443