2024 TZS to MWK Historical Review

YEARLY HIGH

0.7369 MWK

YEARLY LOW

0.6337 MWK

YEARLY AVERAGE

0.6595 MWK

2024 TZS to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.7369. Conversely, the yearly low was recorded on September 26, dropping to 0.6337.

This high-to-low spread represents a total annual volatility of 0.1032 MWK. From a start-to-finish perspective, comparing the January average rate of 0.6676 to the December average rate of 0.7041, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7369 was up 9.24% compared to the 2023 peak of 0.6745, 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 3,684 MWK

2023 Average 2,341 MWK

Yearly Trough Low 3,168 MWK

Transaction Impact: A difference of 516.05 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7108

0.6298

JanuMarcMayJulySeptNove

TZS to MWK 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 0.6661, compared to 0.6529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.6661

H2 Avg (Jul–Dec) 0.6529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0800 MWK (High: 0.7369 / Low: 0.6569). On the other end, October was the most stable month, with a tight range of 0.0043 MWK (High: 0.6399 / Low: 0.6357).

December Spread (Volatile) ±0.0800

October Spread (Stable) ±0.0043

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 0.0124 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7041) against the same month in 2023 (average: 0.6705), the exchange rate shifted by +0.0336 (+5.01%).

2024 Avg (December) 0.7041

2023 Avg (December) 0.6705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6703	0.6599	0.6676
February	0.6677	0.6596	0.6626
March	0.6796	0.6541	0.6654
April	0.6753	0.6674	0.6716
May	0.6731	0.6657	0.6682
June	0.6660	0.6475	0.6612
July	0.6553	0.6418	0.6487
August	0.6433	0.6347	0.6403
September	0.6399	0.6337	0.6366
October	0.6399	0.6357	0.6371
November	0.6568	0.6366	0.6507
December	0.7369	0.6569	0.7041