2024 TZS to MAD Historical Review

YEARLY HIGH

0.0042 MAD

YEARLY LOW

0.0035 MAD

YEARLY AVERAGE

0.0038 MAD

2024 TZS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0042. Conversely, the yearly low was recorded on August 25, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0007 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0041, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0042 was down 5.82% compared to the 2023 peak of 0.0045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 MAD

2023 Average 21 MAD

Yearly Trough Low 18 MAD

Transaction Impact: A difference of 3.59 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041

0.0035

JanuMarcMayJulySeptNove

TZS to MAD 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 0.0039, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0039

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0005 MAD (High: 0.0042 / Low: 0.0038). On the other end, March was the most stable month, with a tight range of 0.0000 MAD (High: 0.0040 / Low: 0.0039).

December Spread (Volatile) ±0.0005

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0041) against the same month in 2023 (average: 0.0040), the exchange rate shifted by +0.0001 (+1.79%).

2024 Avg (December) 0.0041

2023 Avg (December) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0039	0.0039
February	0.0040	0.0039	0.0040
March	0.0040	0.0039	0.0039
April	0.0039	0.0039	0.0039
May	0.0039	0.0038	0.0038
June	0.0038	0.0037	0.0038
July	0.0038	0.0036	0.0037
August	0.0037	0.0035	0.0036
September	0.0036	0.0035	0.0036
October	0.0037	0.0036	0.0036
November	0.0038	0.0036	0.0037
December	0.0042	0.0038	0.0041