2024 BAM to TZS Historical Review

YEARLY HIGH

1562.5078 TZS

YEARLY LOW

1261.8871 TZS

YEARLY AVERAGE

1447.2080 TZS

2024 BAM to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1562.5078. Conversely, the yearly low was recorded on December 21, dropping to 1261.8871.

This high-to-low spread represents a total annual volatility of 300.6208 TZS. From a start-to-finish perspective, comparing the January average rate of 1406.5460 to the December average rate of 1322.0196, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1562.5078 was up 9.61% compared to the 2023 peak of 1425.5063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 7,812,539 TZS

2023 Average 6,699,110 TZS

Yearly Trough Low 6,309,435 TZS

Transaction Impact: A difference of 1,503,103.81 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1571.1022

1299.3757

JanuMarcMayJulySeptNove

BAM to TZS 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 1420.4496, compared to 1473.9664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.5168 points.

H1 Avg (Jan–Jun) 1420.4496

H2 Avg (Jul–Dec) 1473.9664

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 164.4157 TZS (High: 1426.3028 / Low: 1261.8871). On the other end, March was the most stable month, with a tight range of 19.9966 TZS (High: 1430.6054 / Low: 1410.6088).

December Spread (Volatile) ±164.4157

March Spread (Stable) ±19.9966

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 128.2160 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -128.2160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1548.4584) against the same month in 2023 (average: 1370.0219), the exchange rate shifted by +178.4365 (+13.02%).

2024 Avg (September) 1548.4584

2023 Avg (September) 1370.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1423.9138	1397.6574	1406.5460
February	1415.7968	1388.0484	1402.7891
March	1430.6054	1410.6088	1418.9545
April	1432.1598	1403.4469	1417.6019
May	1446.1141	1417.5324	1433.8810
June	1468.5015	1426.8031	1442.9251
July	1498.7775	1449.7855	1482.5289
August	1555.9399	1489.4608	1522.6243
September	1562.5078	1534.3623	1548.4584
October	1543.8693	1502.6379	1517.9314
November	1501.2503	1416.8317	1450.2356
December	1426.3028	1261.8871	1322.0196