YEARLY HIGH
1456.5211 TZS
YEARLY LOW
1257.6515 TZS
YEARLY AVERAGE
1351.1031 TZS

2020 BGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1456.5211. Conversely, the yearly low was recorded on March 19, dropping to 1257.6515.

This high-to-low spread represents a total annual volatility of 198.8696 TZS. From a start-to-finish perspective, comparing the January average rate of 1307.8638 to the December average rate of 1443.1398, the exchange rate registered a net change of 10.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1456.5211 was up 6.35% compared to the 2019 peak of 1369.5933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,282,605 TZS
2019 Average 6,602,633 TZS
Yearly Trough Low 6,288,258 TZS
Transaction Impact: A difference of 994,347.92 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1458.9293
1269.4559
JanuMarcMayJulySeptNove

BGN 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 1301.2878, compared to 1400.9184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.6305 points.

H1 Avg (Jan–Jun) 1301.2878
H2 Avg (Jul–Dec) 1400.9184

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 85.0510 TZS (High: 1342.7025 / Low: 1257.6515). On the other end, August was the most stable month, with a tight range of 19.3044 TZS (High: 1414.8246 / Low: 1395.5202).

March Spread (Volatile) ±85.0510
August Spread (Stable) ±19.3044

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 18.5773 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -18.5773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1443.1398) against the same month in 2019 (average: 1305.7015), the exchange rate shifted by +137.4383 (+10.53%).

2020 Avg (December) 1443.1398
2019 Avg (December) 1305.7015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1321.7176 1297.6813 1307.8638
February 1309.0203 1274.7883 1289.2865
March 1342.7025 1257.6515 1302.7545
April 1298.9702 1274.2787 1285.2454
May 1313.3537 1277.9988 1290.1780
June 1345.2961 1316.8667 1332.3988
July 1408.0322 1332.6430 1359.6259
August 1414.8246 1395.5202 1404.9173
September 1411.8242 1378.0814 1397.5724
October 1407.5663 1381.9340 1395.9212
November 1418.3202 1377.9247 1404.3336
December 1456.5211 1432.5449 1443.1398