2024 SAR to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 729.6386. Conversely, the yearly low was recorded on December 16, dropping to 625.8836.
This high-to-low spread represents a total annual volatility of 103.7550 TZS. From a start-to-finish perspective, comparing the January average rate of 672.0902 to the December average rate of 656.6396, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 729.6386 was up 8.50% compared to the 2023 peak of 672.4869, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SAR to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 684.9974, compared to 708.6182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.6208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 76.6550 TZS (High: 702.5386 / Low: 625.8836). On the other end, October was the most stable month, with a tight range of 5.3399 TZS (High: 726.9688 / Low: 721.6289).
Growth Streaks & Declines
TrendsBetween 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 53.4434 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 726.3619) against the same month in 2023 (average: 668.0040), the exchange rate shifted by +58.3579 (+8.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 679.9895 | 669.2365 | 672.0902 |
| February | 680.1188 | 672.0990 | 677.4924 |
| March | 687.8934 | 676.9037 | 680.8060 |
| April | 692.5389 | 685.6817 | 688.6985 |
| May | 695.1454 | 688.3087 | 691.8844 |
| June | 713.5136 | 693.6740 | 699.0128 |
| July | 720.6159 | 705.0087 | 712.3497 |
| August | 724.8758 | 716.1142 | 720.8565 |
| September | 729.6386 | 721.5420 | 726.3619 |
| October | 726.9688 | 721.6289 | 725.4183 |
| November | 725.3780 | 701.3697 | 710.0830 |
| December | 702.5386 | 625.8836 | 656.6396 |