YEARLY HIGH
0.0086 MXN
YEARLY LOW
0.0063 MXN
YEARLY AVERAGE
0.0070 MXN

2024 TZS to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0086. Conversely, the yearly low was recorded on April 8, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0023 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0082, the exchange rate registered a net change of 21.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0086 was up 3.32% compared to the 2023 peak of 0.0084, 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 43 MXN
2023 Average 37 MXN
Yearly Trough Low 32 MXN
Transaction Impact: A difference of 11.44 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0084
0.0063
JanuMarcMayJulySeptNove

TZS to MXN 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 0.0067, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0009 MXN (High: 0.0086 / Low: 0.0077). On the other end, February was the most stable month, with a tight range of 0.0001 MXN (High: 0.0068 / Low: 0.0067).

December Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0082) against the same month in 2023 (average: 0.0068), the exchange rate shifted by +0.0014 (+20.37%).

2024 Avg (December) 0.0082
2023 Avg (December) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0067 0.0068
February 0.0068 0.0067 0.0067
March 0.0067 0.0064 0.0066
April 0.0066 0.0063 0.0065
May 0.0066 0.0064 0.0065
June 0.0072 0.0065 0.0069
July 0.0069 0.0066 0.0068
August 0.0073 0.0069 0.0071
September 0.0074 0.0070 0.0072
October 0.0074 0.0071 0.0072
November 0.0078 0.0074 0.0076
December 0.0086 0.0077 0.0082