2024 MNT to TZS Historical Review

YEARLY HIGH

0.8054 TZS

YEARLY LOW

0.6921 TZS

YEARLY AVERAGE

0.7631 TZS

2024 MNT to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.8054. Conversely, the yearly low was recorded on December 16, dropping to 0.6921.

This high-to-low spread represents a total annual volatility of 0.1133 TZS. From a start-to-finish perspective, comparing the January average rate of 0.7306 to the December average rate of 0.7259, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8054 was up 10.19% compared to the 2023 peak of 0.7310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,027 TZS

2023 Average 3,498 TZS

Yearly Trough Low 3,460 TZS

Transaction Impact: A difference of 566.74 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8097

0.7183

JanuMarcMayJulySeptNove

MNT 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 0.7447, compared to 0.7815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0368 points.

H1 Avg (Jan–Jun) 0.7447

H2 Avg (Jul–Dec) 0.7815

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0847 TZS (High: 0.7768 / Low: 0.6921). On the other end, October was the most stable month, with a tight range of 0.0058 TZS (High: 0.8033 / Low: 0.7975).

December Spread (Volatile) ±0.0847

October Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and September, 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 0.0589 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8021) against the same month in 2023 (average: 0.7262), the exchange rate shifted by +0.0759 (+10.45%).

2024 Avg (September) 0.8021

2023 Avg (September) 0.7262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7391	0.7275	0.7306
February	0.7393	0.7306	0.7364
March	0.7478	0.7359	0.7401
April	0.7526	0.7455	0.7487
May	0.7557	0.7482	0.7521
June	0.7755	0.7541	0.7600
July	0.7956	0.7667	0.7784
August	0.8004	0.7889	0.7960
September	0.8054	0.7970	0.8021
October	0.8033	0.7975	0.8017
November	0.8019	0.7755	0.7848
December	0.7768	0.6921	0.7259