YEARLY HIGH
0.0200 MUR
YEARLY LOW
0.0166 MUR
YEARLY AVERAGE
0.0177 MUR

2024 TZS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0200. Conversely, the yearly low was recorded on March 12, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0034 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0190, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0200 was down 1.31% compared to the 2023 peak of 0.0202, 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 100 MUR
2023 Average 93 MUR
Yearly Trough Low 83 MUR
Transaction Impact: A difference of 16.89 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0192
0.0167
JanuMarcMayJulySeptNove

TZS to MUR 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 0.0179, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0023 MUR (High: 0.0200 / Low: 0.0176). On the other end, May was the most stable month, with a tight range of 0.0002 MUR (High: 0.0179 / Low: 0.0177).

December Spread (Volatile) ±0.0023
May Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0190) against the same month in 2023 (average: 0.0176), the exchange rate shifted by +0.0015 (+8.28%).

2024 Avg (December) 0.0190
2023 Avg (December) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0175 0.0177
February 0.0185 0.0178 0.0180
March 0.0182 0.0166 0.0180
April 0.0185 0.0179 0.0180
May 0.0179 0.0177 0.0178
June 0.0181 0.0174 0.0178
July 0.0178 0.0172 0.0175
August 0.0174 0.0170 0.0171
September 0.0171 0.0167 0.0169
October 0.0171 0.0168 0.0170
November 0.0178 0.0170 0.0175
December 0.0200 0.0176 0.0190