2024 TZS to MMK Historical Review

YEARLY HIGH

1.2235 MMK

YEARLY LOW

0.7666 MMK

YEARLY AVERAGE

0.8120 MMK

2024 TZS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.2235. Conversely, the yearly low was recorded on September 26, dropping to 0.7666.

This high-to-low spread represents a total annual volatility of 0.4569 MMK. From a start-to-finish perspective, comparing the January average rate of 0.8330 to the December average rate of 0.8521, the exchange rate registered a net change of 2.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2235 was up 35.55% compared to the 2023 peak of 0.9026, 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 6,117 MMK

2023 Average 4,338 MMK

Yearly Trough Low 3,833 MMK

Transaction Impact: A difference of 2,284.59 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8603

0.7615

JanuMarcMayJulySeptNove

TZS to MMK 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 0.8230, compared to 0.8011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.8230

H2 Avg (Jul–Dec) 0.8011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4474 MMK (High: 1.2235 / Low: 0.7761). On the other end, October was the most stable month, with a tight range of 0.0056 MMK (High: 0.7742 / Low: 0.7686).

July Spread (Volatile) ±0.4474

October Spread (Stable) ±0.0056

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 0.0764 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.8521) against the same month in 2023 (average: 0.8595), the exchange rate shifted by -0.0075 (-0.87%).

2024 Avg (July) 0.8521

2023 Avg (July) 0.8595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8362	0.8231	0.8330
February	0.8318	0.8228	0.8267
March	0.8250	0.8138	0.8220
April	0.8161	0.8083	0.8126
May	0.8134	0.8053	0.8090
June	0.9445	0.7955	0.8347
July	1.2235	0.7761	0.8521
August	0.7826	0.7713	0.7756
September	0.7747	0.7666	0.7698
October	0.7742	0.7686	0.7702
November	0.7962	0.7699	0.7868
December	0.8921	0.7949	0.8521