YEARLY HIGH
174.6660 TZS
YEARLY LOW
148.7070 TZS
YEARLY AVERAGE
159.8829 TZS

2019 ZAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 174.6660. Conversely, the yearly low was recorded on August 19, dropping to 148.7070.

This high-to-low spread represents a total annual volatility of 25.9590 TZS. From a start-to-finish perspective, comparing the January average rate of 166.7607 to the December average rate of 159.7403, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 174.6660 was down 10.48% compared to the 2018 peak of 195.1202, 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 8,733,301 TZS
2018 Average 8,646,616 TZS
Yearly Trough Low 7,435,348 TZS
Transaction Impact: A difference of 1,297,952.27 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

170.4474
149.7906
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 163.1914, compared to 156.5743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6171 points.

H1 Avg (Jan–Jun) 163.1914
H2 Avg (Jul–Dec) 156.5743

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 17.0209 TZS (High: 174.6660 / Low: 157.6451). On the other end, November was the most stable month, with a tight range of 3.8084 TZS (High: 157.0545 / Low: 153.2461).

January Spread (Volatile) ±17.0209
November Spread (Stable) ±3.8084

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 11.9928 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.9928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 166.7607) against the same month in 2018 (average: 184.3726), the exchange rate shifted by -17.6120 (-9.55%).

2019 Avg (January) 166.7607
2018 Avg (January) 184.3726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 174.6660 157.6451 166.7607
February 173.6865 164.9120 168.7260
March 165.5140 159.4036 162.7021
April 166.4766 159.4752 163.3779
May 162.4001 155.2292 159.7023
June 163.3001 153.0857 157.8795
July 165.7991 160.2607 163.5048
August 157.2523 148.7070 151.5120
September 157.7055 150.7569 154.5887
October 158.0586 149.3816 154.4250
November 157.0545 153.2461 155.6752
December 163.9855 155.4135 159.7403