YEARLY HIGH
977.4496 TZS
YEARLY LOW
839.8947 TZS
YEARLY AVERAGE
933.7724 TZS

2024 WST to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 977.4496. Conversely, the yearly low was recorded on December 16, dropping to 839.8947.

This high-to-low spread represents a total annual volatility of 137.5550 TZS. From a start-to-finish perspective, comparing the January average rate of 900.1674 to the December average rate of 880.9785, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 977.4496 was up 5.65% compared to the 2023 peak of 925.1425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,887,248 TZS
2023 Average 4,432,106 TZS
Yearly Trough Low 4,199,473 TZS
Transaction Impact: A difference of 687,774.80 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

982.6517
871.7355
JanuMarcMayJulySeptNove

WST 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 917.5294, compared to 950.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.4861 points.

H1 Avg (Jan–Jun) 917.5294
H2 Avg (Jul–Dec) 950.0154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 102.7706 TZS (High: 942.6653 / Low: 839.8947). On the other end, October was the most stable month, with a tight range of 7.0064 TZS (High: 974.8636 / Low: 967.8571).

December Spread (Volatile) ±102.7706
October Spread (Stable) ±7.0064

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 71.4580 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -71.4580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 973.4087) against the same month in 2023 (average: 921.6136), the exchange rate shifted by +51.7951 (+5.62%).

2024 Avg (September) 973.4087
2023 Avg (September) 921.6136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 910.6915 896.3944 900.1674
February 910.9297 900.1546 907.4045
March 921.4286 906.7222 911.8845
April 927.2732 918.5563 922.5516
May 931.1743 921.9392 926.7549
June 955.5233 929.1769 936.4132
July 965.4883 944.6538 954.3180
August 971.4019 957.3843 966.0421
September 977.4496 967.2286 973.4087
October 974.8636 967.8571 972.9087
November 973.2143 941.0778 952.4365
December 942.6653 839.8947 880.9785