2024 ZAR to TZS Historical Review

YEARLY HIGH

159.6351 TZS

YEARLY LOW

128.3123 TZS

YEARLY AVERAGE

142.8203 TZS

2024 ZAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 159.6351. Conversely, the yearly low was recorded on December 31, dropping to 128.3123.

This high-to-low spread represents a total annual volatility of 31.3229 TZS. From a start-to-finish perspective, comparing the January average rate of 134.4317 to the December average rate of 135.2958, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 159.6351 was up 14.56% compared to the 2023 peak of 139.3457, 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 7,981,756 TZS

2023 Average 6,566,481 TZS

Yearly Trough Low 6,415,613 TZS

Transaction Impact: A difference of 1,566,142.85 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

157.1770

131.4386

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 137.2777, compared to 148.3629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0852 points.

H1 Avg (Jan–Jun) 137.2777

H2 Avg (Jul–Dec) 148.3629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 18.0743 TZS (High: 146.3866 / Low: 128.3123). On the other end, October was the most stable month, with a tight range of 3.6587 TZS (High: 157.0229 / Low: 153.3642).

December Spread (Volatile) ±18.0743

October Spread (Stable) ±3.6587

Growth Streaks & Declines

Trends

Between February and October, 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 13.2396 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -13.2396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 154.9489) against the same month in 2023 (average: 132.1025), the exchange rate shifted by +22.8464 (+17.29%).

2024 Avg (September) 154.9489

2023 Avg (September) 132.1025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.5796	130.9855	134.4317
February	135.6455	131.9524	133.5835
March	137.6876	133.2483	135.4111
April	139.6568	134.3107	136.7924
May	143.6671	138.5415	140.9599
June	148.1743	137.9738	142.4875
July	149.0323	142.1954	146.5935
August	153.1993	144.2237	149.7718
September	159.6351	151.4230	154.9489
October	157.0229	153.3642	155.0321
November	155.4286	145.1650	148.5354
December	146.3866	128.3123	135.2958