2024 MAD to TZS Historical Review

YEARLY HIGH

283.2891 TZS

YEARLY LOW

235.4496 TZS

YEARLY AVERAGE

263.1968 TZS

2024 MAD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 283.2891. Conversely, the yearly low was recorded on December 17, dropping to 235.4496.

This high-to-low spread represents a total annual volatility of 47.8395 TZS. From a start-to-finish perspective, comparing the January average rate of 253.2725 to the December average rate of 246.2945, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 283.2891 was up 10.08% compared to the 2023 peak of 257.3525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 1,416,446 TZS

2023 Average 1,196,891 TZS

Yearly Trough Low 1,177,248 TZS

Transaction Impact: A difference of 239,197.73 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

283.6109

242.9020

JanuMarcMayJulySeptNove

MAD 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 256.4895, compared to 269.9041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.4146 points.

H1 Avg (Jan–Jun) 256.4895

H2 Avg (Jul–Dec) 269.9041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 28.4425 TZS (High: 263.8921 / Low: 235.4496). On the other end, March was the most stable month, with a tight range of 2.8454 TZS (High: 255.1482 / Low: 252.3028).

December Spread (Volatile) ±28.4425

March Spread (Stable) ±2.8454

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 21.6290 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -21.6290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 277.3541) against the same month in 2023 (average: 251.9913), the exchange rate shifted by +25.3628 (+10.06%).

2024 Avg (August) 277.3541

2023 Avg (August) 251.9913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	255.5274	251.6758	253.2725
February	254.2211	251.2894	252.6152
March	255.1482	252.3028	253.9506
April	257.4106	254.1751	255.9119
May	262.1388	257.1244	259.7653
June	269.1308	260.5521	263.4213
July	274.1334	265.1897	271.0312
August	283.2891	271.5699	277.3541
September	282.9277	277.5010	280.2185
October	279.4053	273.7796	276.6028
November	275.6595	263.7056	267.9235
December	263.8921	235.4496	246.2945