YEARLY HIGH
157.8619 TZS
YEARLY LOW
128.8855 TZS
YEARLY AVERAGE
147.5104 TZS

2024 MDL to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 157.8619. Conversely, the yearly low was recorded on December 17, dropping to 128.8855.

This high-to-low spread represents a total annual volatility of 28.9764 TZS. From a start-to-finish perspective, comparing the January average rate of 143.0388 to the December average rate of 134.6707, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 157.8619 was up 8.44% compared to the 2023 peak of 145.5761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 789,310 TZS
2023 Average 669,884 TZS
Yearly Trough Low 644,427 TZS
Transaction Impact: A difference of 144,882.19 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

159.0540
132.4541
JanuMarcMayJulySeptNove

MDL 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 145.1816, compared to 149.8392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6576 points.

H1 Avg (Jan–Jun) 145.1816
H2 Avg (Jul–Dec) 149.8392

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 15.6893 TZS (High: 144.5748 / Low: 128.8855). On the other end, February was the most stable month, with a tight range of 2.0140 TZS (High: 143.6264 / Low: 141.6123).

December Spread (Volatile) ±15.6893
February Spread (Stable) ±2.0140

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 13.1399 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -13.1399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 156.8373) against the same month in 2023 (average: 139.3929), the exchange rate shifted by +17.4444 (+12.51%).

2024 Avg (September) 156.8373
2023 Avg (September) 139.3929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 145.4913 141.6517 143.0388
February 143.6264 141.6123 142.7306
March 146.4984 143.6008 144.6405
April 146.5967 144.2071 145.7380
May 147.9623 145.9175 146.9648
June 150.2730 146.1931 147.9769
July 153.2146 148.4252 150.9324
August 157.5959 152.0508 154.7108
September 157.8619 155.5605 156.8373
October 156.6658 151.6465 154.0731
November 153.3486 144.2580 147.8107
December 144.5748 128.8855 134.6707