2024 MXN to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 157.6037. Conversely, the yearly low was recorded on December 18, dropping to 115.8268.
This high-to-low spread represents a total annual volatility of 41.7769 TZS. From a start-to-finish perspective, comparing the January average rate of 147.7705 to the December average rate of 121.7951, the exchange rate registered a net change of -17.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 157.6037 was up 5.35% compared to the 2023 peak of 149.6002, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MXN to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 150.1871, compared to 136.5845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.6026 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 14.0727 TZS (High: 153.4601 / Low: 139.3874). On the other end, February was the most stable month, with a tight range of 2.2913 TZS (High: 149.5936 / Low: 147.3024).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.2505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 153.6924) against the same month in 2023 (average: 129.7758), the exchange rate shifted by +23.9166 (+18.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 149.3148 | 145.2642 | 147.7705 |
| February | 149.5936 | 147.3024 | 148.6660 |
| March | 155.3244 | 149.4999 | 152.2778 |
| April | 157.6037 | 150.5407 | 153.6924 |
| May | 157.0525 | 152.3061 | 154.4833 |
| June | 153.4601 | 139.3874 | 144.2328 |
| July | 151.8507 | 143.8971 | 147.6268 |
| August | 145.2609 | 136.9796 | 141.2669 |
| September | 142.6911 | 135.6987 | 139.1031 |
| October | 141.4370 | 134.8798 | 138.4748 |
| November | 135.7977 | 127.7998 | 131.2404 |
| December | 129.7232 | 115.8268 | 121.7951 |