2024 TZS to MVR Historical Review

YEARLY HIGH

0.0065 MVR

YEARLY LOW

0.0056 MVR

YEARLY AVERAGE

0.0059 MVR

2024 TZS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0065. Conversely, the yearly low was recorded on May 2, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0010 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0063, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 1.89% compared to the 2023 peak of 0.0067, 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 33 MVR

2023 Average 32 MVR

Yearly Trough Low 28 MVR

Transaction Impact: A difference of 4.85 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0063

0.0056

JanuMarcMayJulySeptNove

TZS to MVR 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 0.0060, compared to 0.0058 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) 0.0060

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0007 MVR (High: 0.0065 / Low: 0.0059). On the other end, October was the most stable month, with a tight range of 0.0000 MVR (High: 0.0057 / Low: 0.0056).

December Spread (Volatile) ±0.0007

October 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: 0.0063) against the same month in 2023 (average: 0.0061), the exchange rate shifted by +0.0001 (+2.26%).

2024 Avg (December) 0.0063

2023 Avg (December) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0060	0.0061
February	0.0061	0.0060	0.0061
March	0.0061	0.0060	0.0060
April	0.0060	0.0060	0.0060
May	0.0060	0.0056	0.0059
June	0.0059	0.0057	0.0059
July	0.0058	0.0057	0.0058
August	0.0057	0.0056	0.0057
September	0.0057	0.0056	0.0056
October	0.0057	0.0056	0.0056
November	0.0059	0.0057	0.0058
December	0.0065	0.0059	0.0063