YEARLY HIGH
0.0078 MDL
YEARLY LOW
0.0063 MDL
YEARLY AVERAGE
0.0068 MDL

2024 TZS to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0078. Conversely, the yearly low was recorded on September 16, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0014 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0074, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0078 was down 5.72% compared to the 2023 peak of 0.0082, 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 39 MDL
2023 Average 37 MDL
Yearly Trough Low 32 MDL
Transaction Impact: A difference of 7.12 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0075
0.0063
JanuMarcMayJulySeptNove

TZS to MDL 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 0.0069, compared to 0.0067 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) 0.0069
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0008 MDL (High: 0.0078 / Low: 0.0069). On the other end, September was the most stable month, with a tight range of 0.0001 MDL (High: 0.0064 / Low: 0.0063).

December Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0074) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0004 (+6.16%).

2024 Avg (December) 0.0074
2023 Avg (December) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0069 0.0070
February 0.0071 0.0070 0.0070
March 0.0070 0.0068 0.0069
April 0.0069 0.0068 0.0069
May 0.0069 0.0068 0.0068
June 0.0068 0.0067 0.0068
July 0.0067 0.0065 0.0066
August 0.0066 0.0063 0.0065
September 0.0064 0.0063 0.0064
October 0.0066 0.0064 0.0065
November 0.0069 0.0065 0.0068
December 0.0078 0.0069 0.0074