YEARLY HIGH
195.1202 TZS
YEARLY LOW
148.3497 TZS
YEARLY AVERAGE
173.0372 TZS

2018 ZAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 195.1202. Conversely, the yearly low was recorded on September 5, dropping to 148.3497.

This high-to-low spread represents a total annual volatility of 46.7705 TZS. From a start-to-finish perspective, comparing the January average rate of 184.3726 to the December average rate of 161.1704, the exchange rate registered a net change of -12.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 195.1202 was up 6.71% compared to the 2017 peak of 182.8464, 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 9,756,009 TZS
2017 Average 8,415,173 TZS
Yearly Trough Low 7,417,485 TZS
Transaction Impact: A difference of 2,338,524.03 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

194.2318
151.5641
JanuMarcMayJulySeptNove

ZAR 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 184.4992, compared to 161.5752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.9240 points.

H1 Avg (Jan–Jun) 184.4992
H2 Avg (Jul–Dec) 161.5752

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 17.5621 TZS (High: 181.6293 / Low: 164.0672). On the other end, March was the most stable month, with a tight range of 6.4767 TZS (High: 194.2130 / Low: 187.7363).

June Spread (Volatile) ±17.5621
March Spread (Stable) ±6.4767

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.5196 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.5196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 190.6762) against the same month in 2017 (average: 169.2252), the exchange rate shifted by +21.4510 (+12.68%).

2018 Avg (February) 190.6762
2017 Avg (February) 169.2252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 189.8067 179.9993 184.3726
February 195.1202 185.4884 190.6762
March 194.2130 187.7363 190.5276
April 190.9726 183.2622 187.8240
May 186.3211 178.3063 182.0571
June 181.6293 164.0672 171.5375
July 173.8257 164.3921 170.1489
August 172.4780 155.2002 162.6255
September 161.7824 148.3497 155.1198
October 161.4943 153.7031 157.3704
November 168.2956 158.2865 163.0159
December 168.2827 157.1121 161.1704