2024 WST to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 71.4580 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |