YEARLY HIGH
341.4828 TZS
YEARLY LOW
293.8393 TZS
YEARLY AVERAGE
325.3614 TZS

2024 MOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 341.4828. Conversely, the yearly low was recorded on December 16, dropping to 293.8393.

This high-to-low spread represents a total annual volatility of 47.6435 TZS. From a start-to-finish perspective, comparing the January average rate of 313.0959 to the December average rate of 308.1764, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 341.4828 was up 8.55% compared to the 2023 peak of 314.5783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,707,414 TZS
2023 Average 1,502,344 TZS
Yearly Trough Low 1,469,196 TZS
Transaction Impact: A difference of 238,217.37 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

343.3647
304.9774
JanuMarcMayJulySeptNove

MOP 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 319.0547, compared to 331.6680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6133 points.

H1 Avg (Jan–Jun) 319.0547
H2 Avg (Jul–Dec) 331.6680

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 35.6366 TZS (High: 329.4759 / Low: 293.8393). On the other end, October was the most stable month, with a tight range of 2.2891 TZS (High: 340.9823 / Low: 338.6931).

December Spread (Volatile) ±35.6366
October Spread (Stable) ±2.2891

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 24.5700 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -24.5700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 339.5786) against the same month in 2023 (average: 310.7179), the exchange rate shifted by +28.8607 (+9.29%).

2024 Avg (September) 339.5786
2023 Avg (September) 310.7179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 317.0723 311.5891 313.0959
February 316.7223 313.4007 315.3292
March 320.2082 315.1771 317.0014
April 321.9124 319.2061 320.3669
May 323.5736 321.2347 322.6052
June 332.9230 323.1919 325.9295
July 335.8275 328.6755 332.2837
August 340.6248 334.5186 337.0573
September 341.4828 337.9969 339.5786
October 340.9823 338.6931 340.1658
November 340.3215 329.2800 332.7464
December 329.4759 293.8393 308.1764