2024 ZAR to TJS Historical Review

YEARLY HIGH

0.6221 TJS

YEARLY LOW

0.5631 TJS

YEARLY AVERAGE

0.5885 TJS

2024 ZAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.6221. Conversely, the yearly low was recorded on August 9, dropping to 0.5631.

This high-to-low spread represents a total annual volatility of 0.0590 TJS. From a start-to-finish perspective, comparing the January average rate of 0.5826 to the December average rate of 0.5984, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6221 was down 0.20% compared to the 2023 peak of 0.6233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 31,104 TJS

2023 Average 29,297 TJS

Yearly Trough Low 28,153 TJS

Transaction Impact: A difference of 2,951.72 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6095

0.5724

JanuMarcMayJulySeptNove

ZAR to TJS 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 0.5812, compared to 0.5959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.5812

H2 Avg (Jul–Dec) 0.5959

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0400 TJS (High: 0.6167 / Low: 0.5768). On the other end, October was the most stable month, with a tight range of 0.0164 TJS (High: 0.6149 / Low: 0.5985).

December Spread (Volatile) ±0.0400

October Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0123 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.6053) against the same month in 2023 (average: 0.5790), the exchange rate shifted by +0.0262 (+4.53%).

2024 Avg (September) 0.6053

2023 Avg (September) 0.5790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5989	0.5675	0.5826
February	0.5869	0.5666	0.5755
March	0.5896	0.5718	0.5804
April	0.5934	0.5650	0.5790
May	0.5991	0.5704	0.5892
June	0.5933	0.5638	0.5807
July	0.5931	0.5724	0.5836
August	0.6029	0.5631	0.5873
September	0.6221	0.5928	0.6053
October	0.6149	0.5985	0.6064
November	0.6141	0.5830	0.5942
December	0.6167	0.5768	0.5984