YEARLY HIGH
0.0271 MZN
YEARLY LOW
0.0233 MZN
YEARLY AVERAGE
0.0245 MZN

2024 TZS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0271. Conversely, the yearly low was recorded on September 26, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0038 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0259, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0271 was down 2.00% compared to the 2023 peak of 0.0277, 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 136 MZN
2023 Average 132 MZN
Yearly Trough Low 117 MZN
Transaction Impact: A difference of 18.97 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0262
0.0232
JanuMarcMayJulySeptNove

TZS to MZN 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 0.0249, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0249
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0029 MZN (High: 0.0271 / Low: 0.0242). On the other end, October was the most stable month, with a tight range of 0.0002 MZN (High: 0.0236 / Low: 0.0234).

December Spread (Volatile) ±0.0029
October 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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0259) against the same month in 2023 (average: 0.0254), the exchange rate shifted by +0.0005 (+2.00%).

2024 Avg (December) 0.0259
2023 Avg (December) 0.0254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0255 0.0244 0.0253
February 0.0253 0.0250 0.0251
March 0.0252 0.0248 0.0250
April 0.0249 0.0246 0.0248
May 0.0248 0.0245 0.0246
June 0.0246 0.0239 0.0244
July 0.0241 0.0236 0.0239
August 0.0238 0.0235 0.0236
September 0.0236 0.0233 0.0234
October 0.0236 0.0234 0.0235
November 0.0243 0.0235 0.0240
December 0.0271 0.0242 0.0259